Viptela builds an SD-WAN platform that virtualizes WAN infrastructure to enable carrier-agnostic, policy-controlled and cost-effective wide area networks. Its platform can reduce WAN costs by about 50% by augmenting leased lines with public broadband, adding bandwidth on demand and optimizing cloud application performance. The technology has been deployed at thousands of sites and by more than 25 Fortune 500 enterprises, and Viptela has licensing partnerships with Tier‑1 carriers Verizon and Singtel. The company has been recognized as a Gartner Cool Vendor and named a Next Billion Dollar Startup by Forbes. Viptela plans to use new funding to expand into new geographies and to scale sales, marketing, technical support and R&D to meet aggressive customer demand. The company is based in San Jose, Calif. vIPtela develops networking technology aimed at lowering the cost of links between data centers. The company is described in the article as secretive and working on technology related to, but different from, Nicira. The reported financing is $33 million from Sequoia Capital. No product technical details, commercial customers, revenue, or user metrics are disclosed in the article. The raise is reported in the context of VMware’s $1.26 billion acquisition of Nicira, which the article cites as relevant industry background. The article does not specify future plans, founding year, or location.

Total raised

$109M

Funding rounds

2

Latest round

Series C

Latest activity

May 2016