Aryaka ( Aryaka’s Com), the world’s first cloud-based WAN optimization service, today announced that it has secured a $25 million Series C funding round led by InterWest Partners, with the participation of Presidio Ventures, 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 companies consume this technology. Aryaka’s innovation in deployment architecture and utility-based business model has been accepted by companies around the world as a way to optimize the new WAN.
The latest funding round is 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 business as well as integrated cloud access with a very simple and elegant solution,” said Khaled Nasr, Partner, InterWest Partners. “Unlike conventional WAN optimization approaches, Aryaka is releasing the enterprise by providing a secure, scalable and highly intelligent cloud network. Aryaka has identified and is addressing a large market with unmet needs by redefining the playing field for network optimisation and increasing the overall market size. “That’s right.
“The new funding will allow us to continue our aggressive growth strategy as we turn our technology innovations into commercial successes and drive towards our goal of redefining the market and positioning Aryaka as the leader,” said Ajit Gupta, Founder, President and CEO of Aryaka. “Market traction has been tremendous as small, medium and large 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 objectives. “That’s right.
“Little by little, the hardware that has cluttered enterprise telecommunications closets, equipment rooms and data centers is being uploaded to the cloud so why not WAN cloud optimization,” says 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-effective for the entire corporate network, both inside and outside the firewall. For businesses, this means fewer boxes, fewer headaches, and the promise of lower costs while improving productivity around the world. “That’s right.
Aryaka is the world’s first cloud-based WAN optimization as a service company to solve application and network performance issues faced by a distributed enterprise. Aryaka has been named Dow Jones VentureWire FASTech 50 innovative startups for 2011, Cool Vendor, a leading analyst firm, and GigaOm Structure 50, a company that will shape the future of cloud computing. Aryaka eliminates the need for expensive and complex WAN optimization devices as well as long-distance 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 in WAN applications, locations and performance, while providing world-class 24/7 support. Visit Aryaka’s Com