Cloud Startup Aryaka Closes $16M Led by Nexus Venture Partners for Software-defined WAN

Image Source: Aryaka

Image Source: Aryaka

Aryaka, the WAN as-a-Service company, has received $16 million in funding, led by Nexus Venture Partners and joined by existing investors Trinity Ventures, InterWest Partners, Mohr Davidow Ventures, and Presidio Ventures. The company said that the new funding will be used to scale Aryaka’s global sales infrastructure in response to rapidly growing demand for its family of Network and Application Acceleration as-a-Service offerings.

“The funding will allow us to aggressively support large global partners, who are excited about adding Aryaka capabilities to their traditional WAN offerings. We are now strongly positioned to achieve even faster market growth and achieve our goal of sustained profitability,” said Ajit Gupta, Founder & CEO at Aryaka.

Launched in 2008, Aryaka offers Aryaka ONE, an integrated platform to address all WAN needs, including optimized connectivity of geographically dispersed offices, Application Delivery, and Cloud Networks. It counts InMobi, NTT Data, Aruba and Avaya among its key customers. It delivers solutions to 3,000 customer sites across 300 cities in 50 countries.

The firm previously secured $14 million in its Series A round, $15 million in series B round of funding and $25 million in series C funding from InterWest Partners and Presidio Ventures with existing investors Nexus Venture Partners, Trinity Ventures and others. The company’s valuation is more than $100 million.

In February this year, Nexus Venture Partners had announced that it is in talks with limited partners to raise $400 million for its next new fund.