Amsterdam’s GNX bags funds from Lexar Partners to expand connectivity solutions

Amsterdam-based GNX, an internet and private data connectivity solutions provider, announced on Tuesday, January 31, that it has raised growth funding from Lexar Partners, a Dutch investment firm. The funding amount has not been disclosed.

Lexar Partners offers growth capital to innovative software, technology, and e-commerce companies operating in the education, fitness, and mental healthcare sectors. 

The firm was founded in 2022 by Max van de Blaak and Sander van Woerden, who each have 15+ years of experience in the investment industry.

“Next generation networking, simplified”

According to GNX, the dynamics of wide-area networking have entirely altered thanks to the cloud. However, telecoms and suppliers force organisations to use the outdated method of acquiring worldwide connections. This is where GNX comes into play.

Founded in 2018 by Rutger Bevaart and Rick Mur, GNX is a provider of global connectivity solutions. The company develops and operates LARA, a data platform that lets users take charge of their own worldwide connectivity requirements.

Through Lara, businesses can research and compare thousands of providers offering point-to-point, xDSL, fibre, wireless, 4G/5G, and clear pricing.

The company says it is committed to providing dependable connection solutions to help drive the digital transformation of multinational corporations. GNX’s end goal is to be the leading global supplier of internet, private, and cloud connection services by focusing on quality and customer satisfaction.

Capital utilisation

GNX says it will use the funds to increase investment in research and development, to further improve its products and services, and expand its sales and marketing efforts to reach more customers globally.

CTO Rick Mur says, “Having Lexar Partners as our lead investor will allow us to accelerate the development and roll-out of our digital platform called LARA, which will be a driving force for GNX in the growing market of global internet access, private connectivity and cloud integration services.”