Aviatrix, a Santa Clara, Calif.-based cloud networking and network security company, raised $200m in Series E funding.
The round, which raised the company’s valuation to $2 billion, was led by TCV with participation from new investors Insight Partners and Tiger Global, and existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners. As part of the funding round, McAdam will also join the Aviatrix Board of Directors.
This company intends to use the funds to scale its worldwide sales and support operations.
Led by Steve Mullaney, CEO, Aviatrix delivers advanced cloud networking, network security and operational visibility required by enterprises with cloud-native simplicity and automation. More than 550 customers worldwide leverage Aviatrix and its proven multi-cloud network reference architecture to design, deploy and operate a repeatable network and security architecture that is consistent across any public cloud.