CloudGenix, a start-up based in Santa Clara, California, announced $25 million in Series B funding for its software-defined wide area networking (SD-WAN) solutions.
CloudGenix virtualizes underlying transports into a secure application-defined WAN. The solution leverages a CloudGenix controller with selective peering to interoperate with the physical carrier network. The design supports application-specific overlays and policies, including allowed paths and service projection.
The funding was led by Bain Capital Ventures and included additional investments from Charles River Ventures and the Mayfield Fund. This brings the total funding CloudGenix has raised to $34 million.
“CloudGenix is the only SD-WAN company creating a new, application-defined fabric that radically simplifies how WANs are designed and managed,” says Kumar Ramachandran, co-founder and CEO of CloudGenix. “This new investment will help us fulfill strong market need for WAN solutions that deliver more than twice the performance at less than half the cost, leading to a much faster time-to-value once deployed, and extending datacenter-class security to the network edge.”
http://www.cloudgenix.com
- CloudGenix is headed by Kumar Ramachandran (CEO), formerly in Cisco's WAN optimization business.
