Aryaka, a company that provides internet connectivity to enable enterprises to connect to cloud services efficiently without the hassle of wading through the 'public' Internet, has received $16 million in funding in an exercise led by Nexus Venture Partners and joined by existing investors Trinity Ventures, InterWest Partners, Mohr Davidow Ventures, and Presidio Ventures.
According to Aryaka, the company 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 for global enterprises.
Aryaka said that the majority of the funding will be used to scale Aryaka's global sales infrastructure in response to the 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 said that it 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'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.
Ajit Gupta, Founder & CEO, Aryaka
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. 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.