Both are becoming crucial technologies in the post-pandemic world, as enterprises and organizations look for better tools for managing the networks and security of an increasingly virtual workforce. (408) 960-9297. Versa Networks (@versanetworks) / Twitter We were among the first to see the opportunity in the market, so it is exciting that the rest of the industry now recognizes the real value and benefits that SASE can provide.. Ahuja says the selection of the new partners was based on their deep understanding of the market and their capabilities to help Versa forge the right partnership for growth. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Versa Networks has an overall rating of 3.5 out of 5, based on over 168 reviews left anonymously by employees. SASE is the fastest growing category in networking and security, and the continued support from our investors is a testament to not only our innovative technology, but to our ethos as a company to deliver secure access and networking solutions to all organizations, from enterprises to SMBs, that address and solve the challenges they face on a day-to-day basis, said Kelly Ahuja, CEO of Versa Networks. Versa Networks Receives the Second Highest Product Score for Security-Sensitive WAN Use Case, Cloud-First WAN Use Case and Remote Home Worker Use Case. last year. Win whats next. We saw the opportunity in the market and have been providing enterprises around the world with a truly modern secure network for five years, so it is exciting that the rest of the industry now recognizes the real value and benefits that SASE can provide.. Versa Networks Secures $120M Financing in Pre-IPO Round Led by 650 Group Recognizes Versa Networks as the Market Leader for Both Leading Media and Communications ServiceProvider, Top Energy Firm Achieves Comprehensive Work-From-Anywhere with Versa SASE, Availability and Buying Options in the Emerging SASE Market, Gartner Magic Quadrant for WAN Edge Infrastructure, Versa Secure SD-WAN Simple, Secure, and Reliable Branch to Multi-Cloud Connectivity. We update our CHER to USD price in real-time. Secures Internet access to enterprise sites, home offices, and on-the-go users without compromising performance or end-user experience. Versa Networks Strengthens Marketing Team as Demand Accelerates for its Industry-Leading SASE Solution March 29, 2023 Versa Networks ACE Partner Program Honored with Top 5-Star Rating in CRN Partner Program Guide for Third Year in a Row March 27, 2023 A large, publicly traded energy company operating in all areas of the oil and gas industry has dramatically simplified their network stack and realized huge cost savings with Versa SASE. Tweet this This new round of funding will enable Versa to expand go-to-market strategies and accelerate on its industry-leading SASE innovations to further cement its leadership position in the. It was founded in 2014 and is based in Santa Clara, California. They are headquartered in San Jose, CA, North America and focus on SASE, SD WAN, cloud and analytics. 55% of employees would recommend working at Versa Networks to a friend and 65% have a positive outlook for the business. Aryaka's application delivery-as-a-service enables distributed business users to quickly access centralized enterprise applications and cloud resources from anywhere in the world. , which recognizes leaders and pioneers in the industry, as well as the best and brightest providers offering the most innovative solutions. Easy-to-configure hardware solutions that deliver the right speed and performance for your needs. Versa is an industry leader in driving SASE innovation and adoption, said Cody Nenadal, Managing Director at Silicon Valley Bank. Versa SASE is available on-premises, hosted through Versa-powered Service Providers, cloud-delivered, and via the simplified Versa Titan cloud service designed for Lean IT. To raise awareness within the market on SASE and the benefits it can bring to organizations, Versa will use its new funding to invest in driving global educational marketing and sales campaigns, as well as further supporting its partner communities to spread the message to enterprises across the globe. Versa Networks, the leader in SASE, combines extensive security, advanced networking, industry leading SD-WAN, genuine multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers, and via the simplified Versa Titan cloud service designed for Lean IT. Today's Change (-1.42%) -$3.25 . The new funding round likely now makes Versa one of the largest and most successful startups left in the SD-WAN space, which is rapidly merging with SASE as the remaining SD-WAN players beef up their security and SASE tools. Versa raises $120M for its software-defined networking and security Cherry Network is up 12.27% in the last 24 hours. Four weeks later at Pebble, we had 15 in play," Callaway rep Johnny Thompson said in a recent story on Callaway's "World of Wunder . Versa Networks Secures $84M in Series D Funding to Accelerate SASE Growth SASE is quickly becoming the top priority of every enterprise and is a market that is on the cusp of explosive success, so were thrilled to be part of Versas journey as they continue to revolutionize the way businesses approach their networking and security challenges.. How Can SASE Help You and Your Organization? Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, BlackRock Inc., Silicon Valley Bank, Liberty Global Ventures,. Apply consistent policy across the entire network and automate workflows to create network slices and implement security remediation steps. By continuing to use this site you are consenting to these choices. Versa Networks Wins 2023 Product of the Year Award for its Industry 1 Low-Risk Financial Stock That's Crushed the Market VMware has a rating of 4.8 stars with 151 reviews. Versa Networks, VOS, the Versa logo, and Versa Titan are or may be registered trademarks of Versa Networks, Inc. All other marks and names mentioned herein may be trademarks of their respective companies. Versa Networks is Industry's First SASE Provider to Earn Compliance Learn what is critical toasuccessfulimplementation and why organizations need to create a branch of one. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens. If you are the site owner (or you manage this site), please whitelist your IP or if you think this block is an error please open a support ticket and make sure to include the block details (displayed in the box below), so we can assist you in troubleshooting the issue. Use the industrys first SASE ROI calculator to instantly visualize what you can achieve when switching over to Versa SASE. EMA evaluates the different SASE vendors and their approaches to architecture, go-to-market, and support for their cloud-delivered and hybrid services. Versa expands your managed service provider portfolio with a simplified and unified SASE architecture for SMB, mid-market, and large or multinational organizations. Were you unable to attend Versatility 2023? Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, Liberty Global Ventures, Princeville Capital, RPS Ventures and Triangle Peak Partners. Unlock your time and cost savingstoday! CITIC Telecom CPC becomes Versa Networks's First Greater China SASE Versa Networks Recognized as a Representative Vendor in 2022 Gartner We are the only company that offers a fully integrated SASE solution, Ahuja told me. The move is indicative of how fast software-defined wide-area networking (SD-WAN) is expanding into other areas such as SASE, which combines cloud-based networking management and security. You can read more about your. Drip Network price today, DRIP to USD live, marketcap and chart Versa Exchange (Versa) is a cryptocurrency, deployed on Binance Smart Chain(BSC BEP-20) Contract . Versa Networks Inc enables service providers and large enterprises to transform the WAN and branch network. Versa Networks vs VMware 2023 | Gartner Peer Insights All Categories > SD-WAN > Compare Vendors Versa Networks vs VMware Based on verified reviews from real users in the SD-WAN market. Versa Networks, the leader in SASE, combines extensive security, advanced networking, full-featured SD-WAN, genuine multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers. Versa Networks raises $120 million led by BlackRock, eyeing IPO BEP-20 ; ADS slot is available Put your advertisement here. The live Drip Network price today is $0.245951 USD with a 24-hour trading volume of $18,165.04 USD. The current CoinMarketCap ranking is #4361, with a live market cap of not available. Versa Networks Company Profile: Valuation & Investors - PitchBook Versa solutions enable service providers and large enterprises to transform the WAN and branch networks to achieve unprecedented business advantages. MOVEit compromise affects pension systems, insurers, Exploring the persistent threat of cyberattacks on healthcare, A deep-dive demo of NetSPIs Attack Surface Management (ASM) platform, 3 ways weve made the CIS Controls more automation-friendly, The best defense against cyber threats for lean security teams, Security in the cloud with more automation, How hardening Microsoft 365 tenants mitigates potential cloud attacks, 5 free online cybersecurity courses you should check out. . Versa Secure SD-WAN is a single software platform that offers multi-layered security and enables multi-cloud connectivity for Enterprises. Versa Networks raises $84M to support new sales and marketing Versa SASE is available on-premises, hosted through Versa-powered Service Providers, cloud-delivered, and via the simplified Versa Titan cloud service designed for Lean IT. Conversely, although traditional networking and SD-WAN vendors such as Cisco, Juniper, and VMware are developing a cloud portfolio, they dont have a SASE solution that can operate in both cloud or on-premises modes, claims Ahuja. Sign up for a free trial to view exact valuation and search companies with similar valuations. No hidden costs, no additional products, no painful integrations, no unnecessary appliances to get the most robust suite of SASE services on the market. Thousands of customers globally with hundreds of thousands of sites trust Versa with their networks, security, and clouds. Versa keynotes and breakout sessions were recorded and are now available on-demand. Versa ZTNA allows users to securely connect to applications in both the private and public clouds with the philosophy of trusting no one. The company's platform provides network and security infrastructure that runs on x86 servers or white box appliances, combined with management, orchestration, and analytics, enabling enterprises and service providers to lower WAN, branch infrastructure, and circuit costs. Distributed system of Versa Cloud Gateways to deliver cloud access to any user or device, anywhere in theworld. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. Versa Networks, which has avoided acquisition and comes to the market with its unique take that involves combining SD-WAN with other branch networking functions, including routing and. This new round of funding will enable Versa to introduce new go-to-market strategies, launch new sales and partner enablement initiatives, and address new markets to further cement its leadership position in the Secure Access Service Edge (SASE) market. Versa Networks - Crunchbase Company Profile & Funding Middle East's first privately owned submarine cable system Gulf Bridge International (GBI) and Versa Networks, a vendor in the SD-WAN and SD-Security market, have extended its long-standing collaboration with GBI joining the Versa ACE Partner Program. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, Liberty Global Ventures, Princeville Global Fund and RPS Ventures. A Quick Introduction to SASE Architecture. and vice versa for people deciding what credit card . Versa SASE is built as a complete integration of best-of-breed security, advanced networking, industry-leading SD-WAN, genuine multi-tenancy, and sophisticated analytics in a single Enterprise-class carrier-grade operating system (VOS) that operates at exceptionalscale. 4 min read Published this Month, 650 Group Reports Reveal Versa is the Market Leader for Both Deployed SASE and Enabled SD-WAN for the 11th Quarter in a Row Enterprise Management Associates (EMA) also found that Versa SASE has the most SASE supported functions, as published in its recent industry report. Learn about the Versa Secure SD-WAN solution in a high-level, one minute overview. How Can SASE Help You and Your Organization? In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. Versas single-vendor SASE platform goes above and beyond management console automation integration by providing the ability to integrate networks, points of presence, policy definitions, application definitions, agent logic, and data lakes. One Software Stack A single-pipeline integrated architecture combines comprehensive security, advanced networking, industry-leading SD-WAN, robust analytics, and simplified automation into one software solution. SASE is the simplest, most scalable way to continuously secure and connect the millions points of access in and out of the corporate resources regardless of location. while 650 Group recognized Versa as the market share leader for both Deployed SASE and Enabled SD-WAN. As a result, Versa Networks has seen its worldwide sales in enterprises and channel partner registrations double, increased its workforce by 25 percent, and grew its market share to 150 service . Extend Zero Trust Network Access for the Hybrid Workforce. EMA evaluates the different SASE vendors and their approaches to architecture, go-to-market, and support for their cloud-delivered and hybrid services. Aviatrix delivers cloud network and security solutions for business-critical applications, including scalability, simplified day-two operations and troubleshooting, embedded security, cost optimization, and automation. EMA evaluates the different SASE vendors and their approaches to architecture, go-to-market, and support for their cloud-delivered and hybrid services. Cherry Network Price ( CHER ) - CoinMarketCap Versa Networks announced it has secured additional financing of $120M. Data packet fragmentation for replicated packet traffic through a software-defined wide area network, Methods and systems for transitioning between client-less and client-based network connectivity to a secure access service edge (sase) domain, Methods and systems for providing network connectivity to a secure access service edge (sase) domain, Path selection for data traffic within a software-defined wide area network using traffic metrics, Vice President, EMEA Sales & Advisory Board Member, To view Versa Networkss complete valuation and funding history, request access, To view Versa Networkss complete cap table history, request access, Youre viewing 2 of 72 competitors. our sites and services. Versa Networks is once again named a leader for its ability to execute and completeness of vision in the 2022Gartner MagicQuadrant for SD-WAN. Competitive Performance Ranked 7th among 202 competitors Valuation $700M as on Jun 30, 2021 Versa Networks About Provider of a platform offering SASE network security solutions. Versa has hit the sweet spot with the right products at the right time. You're more than your latest funding, tell our customers your company's story. Opinions expressed by Forbes Contributors are their own. Aviatrix provides secure cloud networking software. The company's vendor agnostic technology provides a single point of visibility, provisioning, control, and automation for all of the user's networks, and bridges the gap between network infrastructure and orchestrated cloud, SDN, and network functions virtualization. The funding round was co-led by investors Princeville Capital and RPS Ventures, with additional participation from existing . The funding will also be utilized to enable further SASE R&D and boost future expansion and growth plans. SASE is the fastest growing category in networking and security, and the continued support from our investors is a testament to not only our innovative technology, but to our ethos as a company to deliver secure access and networking solutions to all organizations, from enterprises to SMBs, that address and solve the challenges they face on a day-to-day basis, said Kelly Ahuja, CEO of Versa Networks. Bloomberg Markets Asia. Versa's solution is deployed across over 1000 enterprise customers with 150,000 software licenses sold globally. Versa SASE is built as a complete integration of best-of-breed security, advanced networking, industry-leading SD-WAN, genuine multi-tenancy, and sophisticated analytics in a single Enterprise-class carrier-grade operating system (VOS) that operates at exceptional scale. Versa Networks is Once Again Recognized as a Leader in the Gartner Personalize which data points you want to see and create visualizations instantly. Versa Networks, the leader in SASE, today announced that it has raised $84 million in a Series D funding round, bringing the companys total amount raised in funding to $196 million. Versas single-vendor SASE platform delivers best-of-breed functions that tightly integrate and deliver services via the cloud, on-premises, or as a blended combination of both via VOS with a Single-Pass Parallel Processing architecture and managed through a single pane of glass. Developer of software-defined networking (SDN) platform designed to provide integrated cloud, networking, and security services. Versa was recognized by Gartner as a Representative Vendor in the Gartner Market Guide for Single-Vendor SASE report. The funding will also be utilized to enable further SASE R&D and boost future expansion and growthplans. This funding comes on the back of a record year for Versa Networks, where the growth of the remote workforce due to the COVID-19 pandemic saw organizations across the world accelerate their digital transformation initiatives and turn to flexible and secure solutions such as SD-WAN and SASE to address their networking and security needs. Market Cap. Versa Networks, the leader in SASE, today announced that it has raised $84 million in a Series D funding round, bringing the company's total amount raised in funding to $196 million. Versa says its new funding round will enable it to use its cloud-based SASE platform and network operating system (NOS) to expand its SASE categories, making it a full cloud-based security player. Versa SASE integrates a comprehensive set of services through VOS delivering security, networking, SD-WAN, and analytics. It develops cloud area networking platform to offer enterprises experience for deploying global, high-speed, hybrid, and multi-cloud networks connecting users, sites, and clouds with integrated network and security services. We dont have a for sale sign out, said Ahuja, a comment to be expected from a CEO. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Secure Access Service Edge (SASE) vendor | Versa Networks Versa is a networking and cybersecurity firm that secures and simplifies modern networks for enterprises, teleworkers, and end-users. Versa Networks Recognized as a Representative Vendor in 2022 Gartner Versa delivers high application performance, comprehensive security, dramatically lower costs through best-of-breed security, routing, SD-WAN, andorchestration. According to Gartner, the SASE market is expected to grow at a CAGR of 42 percent, reaching almost $11 billion, with at least 40 percent of enterprises having SASE adoption strategies in place by 2024. Cloudflare trades for about 60 times trailing sales with a $33 billion market cap, and Zscaler trades at 50 times sales with a $30 billion market cap, according to recent Reuters data. Versa SASE is delivered via the cloud, on-premises, or as a blended combination of both and is a centrally managed solution. The funding round was co-led by investors Princeville Capital and RPS Ventures, with additional participation from existing investors, including Sequoia Capital. A large, publicly traded energy company operating in all areas of the oil and gas industry has dramatically simplified their network stack and realized huge cost savings with Versa SASE. SASE can save your company a lot of money. User-friendly systems and clients that deliver the full scope of the Versa platform right to your device. Its also convenient in terms of its funding round that Versa has both cloud and SASE capabilities in a world where remote and virtual work has accelerated, creating high demand for virtual networking and security products. According to Gartner, the SASE market is expected to grow to $15 billion in 2025, and 80 percent of enterprises will have a strategy to unify web, cloud services and private application access using a SASE architecture. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, BlackRock Inc., Silicon Valley Bank, Liberty Global Ventures, Princeville Capital, RPS Ventures and Triangle Peak Partners. Versa Secure SD-WAN is a single software platform that offers multi-layered security and enables multi-cloud connectivity for Enterprises. Versa Networks's valuation in December 2016 was $328.3M. $464B. Versa Networks vs VMware 2023 - Gartner | Delivering Actionable You can read more about your cookie choices at our privacy policyhere. Versa Networks has 9 investors. We look forward to working with BlackRock and all our investors as Versa enters this important pre-IPO phase of the business.. Protects against browser-based security exploits and provides a means of anonymous browsing and risk-free open Internet access. Copyright 2023 CB Information Services, Inc. All rights reserved. Copyright 1999 2023 GoDaddy Operating Company, LLC. Market Cap Wall Street's Projected Annualized EPS Growth Over Next 5 Years . A Quick Introduction to SASE Architecture. We are the only company that offers a fully integrated SASE solution. Learn about the Versa Secure SD-WAN solution in a high-level, one minute overview. Rickie Fowler's Odyssey Versa Jailbird putter, equipped with a longer 17-inch SuperStroke grip and some 20 grams of lead tape. Snowflake Forecasts New Flurry Of Data Programmability, Qualcomm Is Right About AI: It Requires Strong Edge Computing, IBM Acquires Apptio To Deliver Hybrid Multi-Cloud FinOps, Ramp's Acquisition Of Cohere.io Signals The Rise Of Generative AI In Customer Support, recently identified Versa as one of the most attractive remaining M&A candidate. Built to run in the most complex environments, Versa SASE provides the flexibility and elasticity for simple, scalable, and secure deployments. SASE is the simplest, most scalable way to continuously secure and connect the millions points of access in and out of the corporate resources regardless of location. dspalding@versa-networks.com(408) 960-9297. Watch Now to learn about Versa innovation, customer/partner sessions, and more. The clever thing about Versas technology is that it all ties back to a cloud-managed service for building secure, virtual networks, whether those are hosted on devices, cloud applications, or on-premises gear, such as commercial off-the-shelf (COTS) branch networking devices. R. Scott Raynovich is the Founder and Chief Analyst at Futuriom.com, MongoDB Loves Developers At MongoDB.local NYC, Closing The Cybersecurity Gap For Nonprofits, NVIDIA H100 Dominates New MLPerf v3.0 Benchmark Results. Versa Networks's latest funding round was a Debt for $120M on October 27, 2022. Versa Networks's latest funding round was a Debt for $120M on October 27, 2022. Support from marquee name investors like BlackRock is a testament to not only our leading innovative technology, but to our ethos as a platform company. Company Overview | Versa Networks HONG KONG, May 24, 2023 - (ACN Newswire) - - CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce it has become Versa Networks's first Greater China Secure Access Service Edge ( https://versa-networks.com/sase/ ) (SASE) & SD-WA. As a result, Versa Networks has seen its worldwide sales in enterprises and channel partner registrations double, increased its workforce by 25 percent, and grew its market share to 150 service providers, including seven of the worlds top 10. Versa Networks - Funding, Financials, Valuation & Investors - Crunchbase Versa Networks; grew their employee count by 15%. Versa Networks #SASE has won the Zero Trust Security Excellence Award, presented by. Versa Networks is an SD WAN and SASE vendor founded in 2012. Versa is a networking and cybersecurity firm that secures and simplifies modern networks for enterprises, teleworkers, and end-users. Versa Networks, the leader in SASE, combines extensive security, advanced networking, full-featured SD-WAN, genuine multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers.
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