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2015-03-31

Aryaka closes $16 million in funding from Nexus Venture Partners, others

The majority of the funding will be used to scale Aryaka’s global sales infrastructure in response to rapidly growing demand.

Aryaka, the leading WAN as-a-Service company, announced today that it 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.

Aryaka offers Aryaka ONE, an integrated platform to address all WAN needs, including optimized connectivity of geographically dispersed offices, Application Delivery, and Cloud Networks.  Aryaka customers include Fortune 100 as well as small- and medium-sized companies with global operations.

The majority of the 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. These intelligent services bypass the public Internet, enabling customers to achieve faster, more secure, more stable, and lower-cost global access to cloud data and services.

Aryaka’s technology enables IT teams to manage the complete enterprise network from a single pane, providing reliability, security, and flexibility.

“Aryaka’s technology provides a unique value proposition to companies of all sizes, leading to extremely low customer churn and expanded engagements.  A combination of innovation, strong leadership, and flawless execution is driving over 100% year-over-year revenue growth at scale. We are thrilled to be a continuing partner for the company,” said Naren Gupta, Co-founder & MD, Nexus Venture Partners.

As enterprises continue to adopt cloud services, businesses of all sizes are turning to Aryaka to help them overcome the new cloud bottleneck: the Internet.  Global enterprises have an immediate need for fast, elastic, scalable solutions to accelerate all cloud assets – public, private, or hybrid. By meeting this need with an optimized, cloud-based solution that is better than all other existing solutions, Aryaka has positioned itself as a cloud-enabler for the global enterprise market.  The company must now accelerate its own expansion to keep up with skyrocketing demand.

“By transforming Networking, WAN Optimization, and Application Delivery into fast, secure, and cost-effective cloud-based services, Aryaka has eliminated the need for expensive, high-maintenance on-premises hardware,” said Ajit Gupta, Founder & CEO at Aryaka. “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.”

A customer that illustrates the power of Aryaka’s simplified, cloud-based approach to B2B networking is JAS Forwarding Worldwide. “The project we undertook was really a complete revamp of the enterprise architecture of JAS. The goal was to enable our 240 offices to transact in real time,” said Mark Baker, CIO of JAS Forwarding Worldwide.

“More than that, though, it was important for every user in every office anywhere in the world to have the exact same high-quality experience when accessing business-critical applications. To complicate matters, we wanted to achieve all of this under a very insane deployment schedule of 18 months. We knew going in that this was going to be a real challenge. Aryaka was the key strategic business partner that helped us meet that challenge. Aryaka provided JAS with a unified network that delivers information in a quick, reliable, and secure fashion to any of our global locations. We found a solid partner in Aryaka and now we have a reliable global network with built-in management and optimization tools. Aryaka provided us with a simple, cost-effective solution with no maintenance or capital expenditure. They were the perfect answer to the challenge we faced.”

Over the course of the past year, Aryaka has continued to claim market share from yesterday’s incumbents, such as Riverbed for WAN Optimization and AT&T for MPLS. More importantly, Aryaka is pioneering a truly disruptive business case, one that removes hardware from the equation and establishes a cloud of clouds, where global enterprises are connected to all of their important cloud, private cloud, hybrid, and even legacy on-premises workloads.

Aryaka delivers an intelligent, redundant, elastic cloud networking solution that is able to scale up as each enterprise grows, providing a pay-as-you-go model that the global enterprise desires – all with zero CapEx and no lengthy, onerous maintenance and management contracts.

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