Mist, a start-up based in Cupertino, California. raised $46 million in an unsubscribed C round of funding for its self-learning wireless networks powered by Artificial Intelligence (AI).
The funding round was led by Kleiner Perkins, with additional funding from Lightspeed Venture Partners, Norwest Venture Partners, GV (formerly Google Ventures), NTT DOCOMO Ventures, and Dimension Data. This brings total funding in the company to approximately $88 million.
In addition, Mamoon Hamid (General Partner at Kleiner Perkins) and Rob Lopez (Group Executive – Networking and Data Centre at Dimension Data) join Mist as board observers.