Prosimo
Prosimo is a technology company.
Financial History
Prosimo has raised $55.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Prosimo raised?
Prosimo has raised $55.0M in total across 2 funding rounds.
Prosimo is a technology company.
Prosimo has raised $55.0M across 2 funding rounds.
Prosimo has raised $55.0M in total across 2 funding rounds.
Prosimo has raised $55.0M in total across 2 funding rounds.
Prosimo's investors include 01 Advisors, Abstract Ventures, Addition, B8, Bessemer Venture Partners, Flying Fish Partners, General Catalyst, Nepenthe Capital, Qiming Venture Partners, Redpoint Ventures, South Park Commons, Walden International.
Prosimo is a San Jose-based technology company founded in 2019 that builds the Prosimo AXI platform, an autonomous multi-cloud networking solution for distributed enterprises[1][2][3][4]. It serves F100 cloud-forward enterprises, solving the complexity of managing cloud infrastructure across providers by integrating cloud networking, performance, security, observability, and cost management into a single stack powered by data insights and machine learning[1][2][3]. This enables faster innovation, secure application delivery, and operational efficiency, with the company raising $54.5M from investors like General Catalyst and WRVI Capital, while maintaining strong growth momentum through product launches like the AI Suite for Multi-Cloud Networking in 2024[1][2][3][5].
Prosimo emerged from the expertise of its core team, who previously founded Viptela, a pioneer in software-defined WAN (SD-WAN) acquired by Cisco in 2017 for its cloud-first networking innovations[4]. Led by Ramesh Prabagaran (Co-Founder & CEO with over 20 years in enterprise networking, including key roles at Juniper Networks and Viptela as VP of Product Management), the team identified gaps in multi-cloud environments post-SD-WAN success[4]. Co-Founder & CTO (not named in sources) complements this with deep IT infrastructure experience[5]. Early traction built on their passion for bridging legacy and modern container/microservice apps, launching Prosimo in 2019 from Santa Clara (with San Jose ties) to deliver a cloud-native platform amid rising multi-cloud adoption[1][3][4][5].
Prosimo stands out in multi-cloud networking through these key strengths:
Prosimo rides the multi-cloud and AI-driven infrastructure wave, where enterprises demand seamless connectivity for distributed apps amid cloud sprawl—trends like SD-WAN evolution and zero-trust security amplify its timing[1][4][5]. Market forces favoring it include exploding AI workloads needing rapid data service connectivity and the shift from siloed tools to integrated stacks, positioning Prosimo against incumbents in a sector projected for growth as 90%+ of enterprises go multi-cloud[2][4]. It influences the ecosystem by democratizing connectivity (e.g., making it free), accelerating cloud-native adoption, and enabling revenue apps—much like Viptela modernized WAN[3][4][5].
Prosimo is poised to expand as AI infrastructure demands explode, with its suite tackling connectivity bottlenecks and free models driving broader adoption among enterprises chasing multi-cloud agility[5]. Trends like edge computing, zero-trust mandates, and ML-optimized networks will shape its path, potentially leading to further funding, acquisitions, or IPO amid $54.5M traction[1][2]. Its influence may evolve into a standard for autonomous networking, empowering distributed enterprises to innovate without infrastructure drag—building directly on its mission to simplify multi-cloud journeys for sustained control and speed[2][3].
Prosimo has raised $55.0M across 2 funding rounds. Most recently, it raised $30.0M Series B in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $30.0M Series B | 01 Advisors, Abstract Ventures, Addition, B8, Bessemer Venture Partners, Flying Fish Partners, General Catalyst, Nepenthe Capital, Qiming Venture Partners, Redpoint Ventures, South Park Commons, Walden International, Y Combinator | |
| Apr 1, 2021 | $25.0M Series A | 01 Advisors, Abstract Ventures, Addition, B8, Bessemer Venture Partners, Flying Fish Partners, General Catalyst, Nepenthe Capital, Qiming Venture Partners, Redpoint Ventures, South Park Commons, Walden International, Y Combinator |