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DateInvestorsAmountRound
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N/A

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N/A

$14.4m

Early VC

$14.4m

Series A

$28.0m

Series B
*

$46.0m

Series C

$405m

Valuation: $405m

Acquisition
Total FundingAUD159m

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Mist Systems, a Juniper Networks company, specializes in AI-driven wireless networking solutions that enhance Wi-Fi predictability, reliability, and indoor location services. Operating in the enterprise networking market, Mist serves a diverse range of clients including businesses in hospitality, warehousing, and office environments. The company employs a subscription-based business model, generating revenue through the sale of its AI-powered WLAN solutions and associated services. Mist's core product, the Mist AI platform, leverages machine learning to automate network operations, streamline troubleshooting, and optimize user experiences. This platform integrates seamlessly with various technology partners, ensuring robust interoperability and joint sales and marketing efforts. By providing actionable insights and automation, Mist helps IT teams achieve superior network performance and efficiency.

Keywords: AI-driven WLAN, Wi-Fi optimization, indoor location services, enterprise networking, subscription model, machine learning, network automation, troubleshooting, technology partners, IT efficiency.

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