Teridion, a San Francisco, CA-based company delivering a public cloud-based WAN service backed by a carrier grade SLA, closed a $9m financing round.
The round, which is an addition to its Series B round of funding and brings total funding to $35m, was led by Jerusalem Venture Partners (JVP), with participation from existing investors Magma Ventures and SingTel Innov8.
The company intends to use the funds to expand adoption of its cloud networking and WAN services, and continue to grow into the global enterprise market.
Led by Saar Gillai, CEO, Teridion delivers Teridion for Enterprise, a public cloud-based WAN service that delivers carrier grade, SLA-backed performance powered by an innovative and cloud native approach to routing that draws on deep learning, which brings hierarchical and centralized routing to enterprise networking to improve WAN, application and SaaS performance. It allows enterprises to benefit from accelerated and reliable traffic to SaaS applications, public cloud workloads, and between their sites, through a low-cost standard Internet connection.
The platform is used by leading SaaS providers such as Atlassian, Box, Egnyte, Merrill Corp., and many others.
The company also has international offices in Petah Tikva, Israel.
FinSMEs
04/04/2019