COMPANY PROFILE

Netris

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Hardware-accelerated network automation for AI neoclouds and GPU clusters

Santa Clara, United StatesFounded 2017Other B2B Software

Valuation $50–100M Last recorded · 2026

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Netris

Netris (formerly XCloud Networks) is a network-automation company that helps AI neocloud and GPU-cluster operators go live faster with vendor-agnostic, hardware-accelerated fabric control. It was founded in Yerevan, Armenia in 2017 by former Orange Armenia network engineers led by CEO Alex Saroyan, with co-founders Tigran Martirosyan and Arsen Arakelyan, and is now headquartered in Santa Clara, California. Netris provides a controller and SoftGate software that deliver AWS-style constructs (VPCs, elastic IPs, load balancers) on-premises, manage Ethernet and InfiniBand fabrics, and enforce hardware-level multi-tenant isolation so expensive GPUs can be shared safely. The platform uses deterministic algorithms rather than generative AI for switch configuration and integrates with NVIDIA UFM and switches from NVIDIA, Dell and Arista; it is live at more than 35 GPU clusters, including Lightning AI, Foxconn, HPE, TensorWave and Telus. In June 2026 Netris raised a $15M Series A led by Andreessen Horowitz, with a16z partner Guido Appenzeller joining the board.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: Santa Clara, United States
Employees: 48
Open positions: None listed
Dealroom signal: 88.8/100
Industry: Enterprise Software
Sector: Other B2B Software
Business model: SaaS
Client focus: B2B
Links: Website LinkedIn X

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Jun 2026	$15M	$60M	Andreessen Horowitz	↗
SEED✓Equity / VC	Aug 2021	$3.3M	$13M	Undisclosed	—

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022		—

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Growth signals

Netris website traffic

Latest recorded traffic for Netris is 1.2K monthly website visits, up 172.7% over the last three months. Netris's team grew 84.6% over the past year.

Latest monthly visits1.2K 3-month web change+172.7% 1-year team growth+84.6%

Monthly website visitsJan 2022–Jun 2026

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