Aryaka Networks raises funding on Series E from existing investors that includes Nexus Venture partners and others.
Aryaka Networks provides a cloud based WAN optimization and application acceleration platform delivered as a service. The company provide enterprises with a network that has optimization technology built in. The enterprises do not need to make separate investment in WAN optimization hardware in addition to network connectivity. Aryaka provides 24X7 support and comprehensive web based portal for network wide visibility that comes as package.
Aryaka offers products like WAN as a Service and CDN as a Service. Under WAN as a Service, the company further categorise their products like WAN Optimization as a Service and Network as a Service. The company uses ground breaking WAN Optimization as a Service solution combing multi tenant, purpose built WAN optimization technology with enterprise grade connectivity via a dedicated, reliable, global core network. While Network As a Service combines enterprise grade, MPLS like global private connectivity with proprietary TCP optimization and QoS.
Aryaka’s CDN (Content Delivery Network) as a Service is the first CDN purpose built for enterprise content and application delivery. Under this services companies can have their private core global network, which is simpler, faster to deploy and manage. Services offered will pay as much you use. Highly secured with dynamic rule engine and offers network wide visibility.
Arayaka offers web application delivery services as a service provides enterprises with stable, consistent and lightening fast application performance. Another flavour of Aryaka’s offering IP Application Delivery as a Service is a state of the art acceleration solution, engineered to support enterprise needs. It is combination of enterprise grade global connectivity with optimization to offer mobile and remote users a superior way to access centralised enterprise resources.
The company based out of Bangalore and California was founded in 2008 by Ashwath Nagaraj, Ajit Gupta and Rajeev Bharadhwaj. Ajit Gupta is the co founder and Chief Executive Officer of Aryaka Networks Inc. He has very high entrepreneurial experience. He graduated in Bachelor of Technology in Electrical Engineering from Indian Institute of Technology, Rourkee in 1984. He did Masters of Science in Electrical Engineering from University of Alabama.
He was Chief Executive Officer of Speedera Networks, Inc from October 1999 to June 2005. Speedera managed the dot com meltdown successfully and grow rapidly and stayed ahead the competition.
Apart from Speedera he is the chairman and founder for several companies AAyuja Inc, JantaKhoj.com and Aryaka Network Inc which he founded in various years of life. He has several patents in US under his belt relates to network management.
Ashwath Nagaraj is a co founder of Aryaka Network Inc and he is Vice President (Engineering) of the company. He has graduated in Bachelor of Technology in Electronics from Indian Institute of Technology, Madras in 1984. He has his career in Schlumberger Limited as SFE was posted in Brunei, Japan and China. In 1987 he moved as Project Leader in PSI Data Systems. In 1989 he became member of Research and Development for Tata Elxsi. He was instrumental for SCSI RAID program; he worked in Tata Elxsi till 1991 and subsequently moved as Director of Engineering in Mylex Corp where he handled Storage related operations. In 1996 he founded Assured Access Technology later acquired by Alcatel. After acquisition he became Director of Hardware in Alcatel.
In 2000 Ashwath Nagaraj, founded Allegro Systems for which he was Chief Technology Officer and Vice President for Engineering division. Allegro Systems was acquired by CISCO in 2001. He became Director of VPN Engineering in CISCO systems and moved on to become Senior Director in CISCO systems. He was heading a bigger team in the company.
Aryaka Network Inc has received several rounds of funding till date. Their first funding was in 2009 which was Venture funding. The company raised their Series ‘A’ funding of $14 million from Nexus Venture Partners, Stanford University, Trinity Ventures and Mohr Davidow Ventures. They received repeat funding of $15 million from the existing investors except Stanford University as Series ‘B’ in 2011. In 2012 Aryaka raised $25 million funding from Presidio Ventures and InterWest Partners.
The company raised Series ‘D’ funding of $10 million from the existing investors and they went for Debt Financing for $8 million in July, 2014. Last month they raised their Series ‘E’ funding of $16 million from Trinity Ventures, Mohr Davidow Ventures, InterWest Partners, Nexus Venture Partners and Presidio Ventures.
Newly raised capital will be utilised by Aryaka to scale up its sales infrastructure in response to its rapidly growing family of Network and Application Acceleration as a service offerings.
Their product offering Aryaka ONE is an integrated platform address all WAN needs assists in including optimized connectivity of geographically dispersed office, Application delivery and Cloud Networks. Aryaka has Fortune 100 companies on their clientele list like eBay, NTT Data, Symphony Teleca, Strauss Water, InMobi, HubSpot, JawBone, Hainan Airlines and few others.
Aryaka services by pass the public internet, enabling customers to achieve faster, lower cost global access, highly secure and stable to cloud data and services. After funding Aryaka’s Ajit Gupta said ” By transforming Networking, WAN Optimization, and Application Delivery into fast, secure, and cost-effective cloud-based services, Aryaka has eliminated the need for expensive, high-maintenance on-premises hardware.
The funding will allow us to aggressively support large global partners, who are excited about adding Aryaka capabilities to their traditional WAN offerings. We are now strongly positioned to achieve even faster market growth and achieve our goal of sustained profitability.”
Naren Gupta, co founder and MD of Nexus Venture Partners said after funding “Aryaka’s technology provides a unique value proposition to companies of all sizes, leading to extremely low customer churn and expanded engagements.”
Aryaka employs 250 people and serves more than 275+ cities across 50 countries and is making headlines in several tech magazines.