Aryaka®,
the global leader in managed SD-WAN, today announced it has closed a $50
million Series F round of funding led by Goldman
Sachs Private Capital Investing. This brings Aryaka’s
total funding to $184 million. Additionally, it was announced that
Matthew Dorr of Goldman Sachs will join Aryaka’s Board of Directors as a
Board Member, and Michael Kondoleon will join as an observer. Goldman
Sachs will be joining existing investors including Trinity
Ventures, Mohr
Davidow Ventures, Nexus
Venture Partners, InterWest
Partners, Presidio
Ventures, Third
Point Ventures and DTCP.
The funding will be used to scale business operations, grow revenues and
hire exceptional talent, as Aryaka continues to see larger deal sizes
and global customer expansion.
“We’re constantly evaluating the market for high-growth companies that
are leaders in their space. Our research shows that Aryaka offers a
compelling solution for the SD-WAN market that continues to grow
exponentially including increased adoption of SD-WAN managed services,”
said Matthew Dorr, vice president at Goldman
Sachs Private Capital Investing. “We decided to invest in Aryaka because
of their highly differentiated offering, strong customer base, global
footprint and their experienced management team.”
“We are pleased to receive this investment from Goldman Sachs. This new
investment allows us to further accelerate our business momentum and
endorses our growth strategy,” said Matt Carter, CEO of Aryaka. “We are
extremely well positioned to help our customers drive WAN transformation
and their multi-cloud and application performance initiatives; all while
being delivered ‘as-a-service’.”
In the last twelve months, Aryaka has continued to accelerate business
growth, which has resulted in thousands of globally managed sites and
significantly larger annual recurring revenue (ARR) streams. The Company
has also brought in seasoned members to its leadership team, established
new go-to-market partnerships and continued to build out a best-in-class
global network of points-of-presence (POPs). These POPs have been
supplemented with global Network Operations Centers (NOCs) and 24X7
support.
As multi-cloud requirements have grown, Aryaka has cemented partnerships
with the leading public cloud providers including AWS, Microsoft Azure,
Google, Oracle and others. These partnerships allow Aryaka to offer the
industry’s best managed cloud connectivity options and deliver a true,
multi-cloud solution. In addition, through partnerships with Palo Alto
Networks, Symantec and Zscaler, Aryaka brings a full-fledged security
solution to the edge.
Aryaka’s continued innovation around its orchestration platform,
connectivity solutions, edge devices, WAN optimization and security
software all combine to form the most integrated solution in the
industry. Aryaka is the only SD-WAN platform that has both the
technology stack as well as a highly available global network that
offers managed services at scale. This platform provides customers a
seamless solution and delivers the best possible end-user application
experience. Aryaka currently has more than 800 global customers,
including JAS
Worldwide, HMSHost
International, Makino,
Pilot
Freight, Element
Solutions, Allegis,
and City
& Guilds Group.
For more on Aryaka, please visit: https://www.aryaka.com/
Visit the Aryaka blog: https://www.aryaka.com/blog/
Follow Aryaka on Twitter: @AryakaNetworks
Visit Aryaka on LinkedIn: https://www.linkedin.com/company/aryaka-networks/
About Aryaka
Aryaka is a world leader in accelerating WAN transformation for global
enterprises. With over 800+ enterprise customers, and growing rapidly,
Aryaka is the industry benchmark for managed SD-WAN solutions. Aryaka’s
highly integrated offering combines a purpose-built secure private
network, global connectivity, optimization and acceleration
technologies, connectivity to cloud platforms, security and network
visibility in a single fully managed solution.
About Goldman Sachs Private Capital Investing
Goldman Sachs Private Capital Investing is the firm’s investment
platform dedicated to providing growth equity capital to middle market
companies globally.
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