Armenian startup Netris has raised $15 million in a Series A funding round

Founded by Armenian entrepreneurs, Netris has raised $15 million in a Series A round led by the venture capital firm Andreessen Horowitz, also known as a16z.

The company develops networking software for AI infrastructure, enabling large GPU clusters to operate reliably in complex network environments.

In the last 12 months, the company's ARR growth reached 800%. To date, more than 35 production deployments have been completed. Netris's clients include non-cloud providers, sovereign AI operators, and AI factories.

Source: SmartGateVC