Global Software-defined wide-area networking (SD-WAN) vendor Aryaka is announcing today that it has completed a $45 million Series D round of financing led by Third Point Ventures and Deutsche Telekom Capital Partners (DTCP).
DTCP is Deutsche Telekom’s investment management group. With approximately $2 billion under management and advisory and a portfolio of over 70 companies, DTCP provides venture capital, private equity, and strategic advisory services to the technology, media and telecommunication sectors, according to Crunchbase.
Jack Young, Partner and Head of Venture Capital at DTCP, explains its investment in Aryaka. “The SD-WAN market has turned a corner finally, and the time is right,” Young says. “Aryaka has built a global network backbone, which is a significant differentiation from the other SD-WAN vendors in the market.”
SD-WAN is a rapidly growing market today in large part because enterprises need more flexible ways to connect their disparate physical locations to each other and to various cloud environments, both public and private.
Read the entire article at http://www.forbes.com/sites/jasonbloomberg/2017/01/23/deutsche-telekom-capital-partners-bets-on-sd-wan-future-with-aryaka-investment/.
Intellyx publishes the Agile Digital Transformation Roadmap poster, advises companies on their digital transformation initiatives, and helps vendors communicate their agility stories. As of the time of writing, Aryaka, CloudGenix, and Riverbed are Intellyx customers. None of the other organizations mentioned in this article are Intellyx customers.
