Software Defined Networking(SDN) startup that was founded by two former engineers of Juniper Networks, Versa Networks this week emerged from stealth mode after three years with $43 million in funding. Versa has been backed by investors that include Sequoia Capital, Verizon Ventures and Mayfield.
With the announcement, the SDN startup also released its virtualization portfolio, covering next-generation WAN and branch solutions for service providers and enterprises. The new suite of virtual network functions(VNFs) provides use cases such as virtualized CPE (vCPE), software-defined WAN (SD-WAN), and virtualized branch security. Instead of continuing the use of expensive and proprietary hardware appliances, Versa said that the new solution enables customers to deploy carrier-grade software solutions in both the branch office and head-end.
The Versa VNF solution consists of three components that together create next-generation WANs and branch networks:
- Versa FlexVNF: The core building block for Versa VNF solutions, which includes a broad set of virtualized network and security functions with carrier-grade multi-tenancy, programmability, service chaining, service elasticity, and cost-effective deployment choices
- Versa Director: Single point of centralized control and management for both connectivity and services
- Versa Analytics: A real-time analytics engine that provides control, visibility, prediction and a feedback loop for adaptability.
The vendor added that the solution provides a unique set of carrier-grade software capabilities that can radically change how service providers and large enterprises build and operate WANs and managed services.
Thierry Legrand, SVP Sales EMEA, NAGRA
Kumar Mehta, CEO and Founder of Versa Networks: “Both service providers and enterprises have been struggling for years with the massive complexity of legacy WANs, the months-long process to add even a single new branch connection or incremental security function. Industry analysts and insiders have called out the WAN and branch networks as a top initial use case for NFV, but the devil is in the details of how you build them. We believe we’ve found the answer, and that Versa solutions will provide next generation WANs and managed services with a difference.
