Nexthop AI, a leading provider of artificial intelligence-powered infrastructure, has secured $110 million in funding, with Lightspeed Venture Partners leading the investment round. Other investors, including Kleiner Perkins, WestBridge Capital, Battery Ventures, and Emergent Ventures, also contributed to this significant funding.

Nexthop AI specializes in creating custom networking solutions for hyperscalers. The company designs networking hardware tailored to each customer’s needs and offers a network operating system powered by its own AI technology. This unique approach allows Nexthop AI to deliver highly efficient and scalable solutions.

CEO Anshul Sadana emphasized the importance of ecosystem collaboration: “Hyperscalers need partners to innovate alongside them, accelerating infrastructure deployment,” he said. “Nexthop AI acts as a force-multiplier, working closely with cloud companies’ engineering teams. Our disruptive model enables them to develop cost-effective and power-efficient AI solutions.”

Lightspeed’s Active Investment Strategy

Lightspeed Venture Partners has been highly active in recent months. In February, the firm co-led K2 Space’s $110 million Series B round, alongside Altimeter Capital. It also participated in several major investments, including Saronic’s $600 million Series C, Abridge’s $250 million funding round, and Semgrep’s $100 million Series D.

This month, Lightspeed took a leading role in Anthropic’s massive $3.5 billion funding round, which valued the company at $61.5 billion. Additionally, Lightspeed co-led Reflection.AI’s $105 million Series A round, supporting the company’s work on developing advanced AI systems capable of performing complex tasks across various industries.