Software-Defined WAN Company Viptela Raises $75M in Venture Capital

Viptela-logoViptela, a San Jose, CA-based Software-Defined WAN (SD-WAN) company, raised $75m in Series C funding.

The round was led by Redline Capital with participation from new investor Northgate Capital and existing investor Sequoia Capital. As part of the financing, Tatiana Evtushenkova, Director of Redline Capital, joined Viptela’s Board of Directors.

The company, which was raised nearly $110m in total funding, intends to use the funds to scale sales, marketing, technical support and research & development to expand globally.

Led by Amir Khan, CEO, Viptela provides Software-Defined Wide Area Network (SD-WAN) technology that virtualizes WAN infrastructure. The platform allows global companies to build carrier agnostic, policy-controlled and cost-effective WANs. The solution has already been deployed at thousands of sites by more than 25 Fortune 500 enterprises while major carriers including Verizon and Singtel are using Viptela to deliver managed SD-WAN services.

FinSMEs

25/05/2016

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