CloudGenix Raises $65M in Series C Funding

cloudgenixCloudGenix, a San Jose, CA-based software-defined wide-area network (SD-WAN) company, raised $65m in Series C funding.

The round, which brought total investment raised close to $100m, saw participation from existing investors Bain Capital Ventures, Charles River Ventures, Mayfield Fund, and Intel Capital and new investors including ClearSky.

The company intends to use the funds to accelerate global sales and go to market expansion and to continue to build its products.

Led by Founder and CEO Kumar Ramachandran and CTO Mukhtiar Shaikh, CloudGenix is a software-defined wide-area network (SD-WAN) company, which enables application-specific, service-level agreements (SLAs) and controls network application performance based upon application-performance SLAs and business priority.
Fortune 1000 companies, including those in healthcare, retail, manufacturing, finance, banking, hi-tech and hospitality used CloudGenix for their remote office WAN needs across six continents, hundreds of countries and tens of thousands of locations.

CloudGenix delivers an ecosystem of solutions and/or partnerships with security vendors including Palo Alto Networks, Symantec and Zscaler; cloud providers including Amazon and Microsoft; UCaaS providers such as Microsoft, RingCentral and Fuze; and operational tool vendors such as PagerDuty and ServiceNow.

FinSMEs

17/04/2019

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