VeloCloud Networks delivers Cloud-Delivered SD-WAN solutions that automate branch WAN deployment and optimize access to cloud services, private datacenters and enterprise applications. Its product portfolio includes branch appliances, optional data center appliances, software-defined control and automation, virtual services delivery and a multi-tenant cloud gateway architecture that supports private, broadband and wireless links. The company sells to both enterprises and service providers and has secured deals with AT&T, Sprint, Mitel, TelePacific and Windstream, alongside a partner ecosystem including Vonage, MetTel, EarthLink and NetOne. VeloCloud has grown rapidly—its SD-WAN sites exceed 50,000 and total customer wins top 600—and the company reports record sales since its last round. The Series D proceeds will be used to expand business, capacity and operations, accelerate SD-WAN product development, support larger customer rollouts, and increase global sales and marketing. VeloCloud is headquartered in Mountain View, California. VeloCloud Networks builds a cloud-delivered, virtualized wide-area network platform that optimizes traffic across Internet and private links for branch offices and mobile users. The company uses deep packet inspection to identify roughly 2,000 applications and routes each flow to the most appropriate link. VeloCloud emerged from a two-year incubation at The Fabric and launched from stealth with commercial beta deployments. It reports 20 large, distributed customers in beta. The company is led by CEO Sanjay Uppal and aims to drive down WAN costs by combining inexpensive Internet links with private networks.

Total raised

$56M

Funding rounds

2

Latest round

Series D

Latest activity

Mar 2017