MILPITAS, CA, World's first cloud-based WAN optimization as-a-Service, today announced it has secured a $25 million Series C funding round led by InterWest Partners.
), the world's first cloud-based WAN optimization as-a-Service, today announced it has secured a $25 million Series C funding round led by InterWest Partners, with participation from Presidio Ventures, a Sumitomo Corporation Company, and existing investors Nexus Venture Partners, Trinity Ventures and Mohr Davidow Ventures.
The proceeds will be used to support Aryaka's rapid market penetration and global reach as the company continues to redefine the multi-billion-dollar global WAN optimization market and change the way enterprises consume this technology. Aryaka's innovation in deployment architecture and utility-based business model has been accepted by enterprises worldwide as the way to optimize the new WAN.
The latest funding round caps a record year of market traction and milestone achievements for Aryaka.
"What impressed us most about Aryaka is how this unique WAN optimization as-a-Service solution overcomes the problems caused by the distributed nature of today's enterprise as well as integrated access to the Cloud with a very simple and elegant solution," said Khaled Nasr, Partner, InterWest Partners. "Unlike conventional WAN optimization approaches, Aryaka liberates the enterprise by providing a secure, scalable and highly intelligent network in the cloud. Aryaka has identified and is addressing a large market with unmet needs by redefining the playing field for network optimization and increasing the overall market size."
"The new funding enables us to further execute on our aggressive growth strategy as we convert our technology innovation into commercial success and drive to our goal to redefine the market and position Aryaka as the leader," said Ajit Gupta, Founder, President and CEO of Aryaka. "Market traction has been tremendous as small, mid-sized and larger enterprises realize that networks and applications require a new, more sustainable approach. With Aryaka as a partner, organizations can maximize their existing application and network resources and focus on their core business goals."
"Little by little, the hardware that has cluttered enterprise telecom closets, equipment rooms and data centers is being offloaded to the cloud so why not WAN optimization in the cloud," states Lynda Stadtmueller, program director, Cloud Computing, Stratecast Practice, Frost & Sullivan. "By eliminating the need for capital investment in premises equipment, Aryaka's solution is cost-justifiable for the entire corporate network, both in and outside of the firewall. For enterprises, this means fewer boxes, fewer headaches, and fulfilling the promise of lower costs while improving productivity around the world."
Aryaka is the world's first cloud-based WAN optimization as-a-Service company solving application and network performance issues faced by the distributed enterprise. Aryaka has been named to Dow Jones VentureWire FASTech 50 innovative startups for 2011, a "Cool Vendor" by a leading analyst firm and a GigaOm Structure 50 company that will shape the future of cloud computing. Aryaka eliminates the need for expensive and complex WAN optimization appliances as well as long-haul connectivity, and enhances collaboration across corporate locations, data centers and cloud services. It offers significant cost benefits, ease-of-use, instant deployment, performance advantages, dramatic productivity gains and real-time visibility into WAN applications, locations and performance, while providing 24/7 world-class support. To learn more, visit www.aryaka.com
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