Blackstone invests in NetBrain Technologies at $750M valuation

Blackstone (BX) announced that Blackstone Growth and affiliated funds have entered into a definitive agreement to make a majority growth investment in NetBrain Technologies, a Network Automation and AI platform. “The investment, which values NetBrain at $750M, is intended to enable the company to accelerate innovation, expand its global footprint, and scale its AI-powered platform to meet the rising demand for intelligent network automation solutions… The company pioneered intent-based network automation technology, which creates a digital-twin of the network and enables AI to orchestrate and automate many of the manual tasks in network operations. As enterprise networks rapidly evolve in size and complexity – particularly with the adoption of cloud and SDN architectures – traditional automation and observability tools are struggling to deliver timely value and measurable ROI. NetBrain’s next-generation automation platform, the result of years of R&D often in close collaboration with the world’s most demanding network operators, eliminates manual dependencies in critical network operations and security workflows. By consistently shifting operational workloads to automation and AI, NetBrain is redefining how hybrid networks are managed,” Blackstone stated.