Contact Information: Contact: Andrew Evangelista Eastwick Communications 650.480.4056 andrew@eastwick.com
Vyatta Raises $10 Million in Series C Round Led by Citrix
Funding Enables Company to Accelerate Sales Growth and Expand Into New Markets
| Source: Vyatta
BELMONT, CA--(Marketwire - June 9, 2009) - Vyatta,
the leader in open networking and network virtualization, today announced
it has completed its Series C round of financing led by Citrix Systems,
Inc. The new funding round also includes existing investors, Comcast
Interactive Capital, Panorama Capital, and ArrowPath Venture Partners. As
part of the investment, Gordon Payne, senior vice president and general
manager of the Delivery Systems Division at Citrix, has joined the Vyatta
Board of Directors where he will assist the company in its next phase of
development. Today, Vyatta also announced that it has joined the Citrix
Ready™ product verification program to create solutions for customers
deploying cloud computing infrastructures
(http://www.vyatta.com/about/press_releases.php?id=60).
"We see a tremendous opportunity for Vyatta to deliver all the benefits of
virtualization to the network," said Michael Cristinziano, vice president
of strategic development for Citrix. "Citrix is committed to technologies
that bring more choice, flexibility, and sensible economics to the market,
and we are pleased to support Vyatta as it continues to expand and grow the
market for open networking."
Vyatta will use the funds for operating capital as the company scales its
sales efforts and accelerates growth across multiple markets.
"The addition of Citrix as an investor provides further validation of
Vyatta's leadership in open networking and network virtualization," said
Kelly Herrell, CEO of Vyatta. "Mission-critical networks around the world
are already leveraging the tremendous economic and flexibility benefits of
the Vyatta solution, and customer adoption continues to grow very rapidly.
We look forward to building on our industry-leading position, accelerating
our sales efforts and capitalizing on customers' appetite for networking
solutions that bring unprecedented cost savings without sacrificing
performance, capabilities, or reliability."
Vyatta runs on standard x86 hardware and can be virtualized with modern
hypervisors, including the Citrix XenServer™ virtualization platform.
Vyatta delivers a full set of networking features that allow customers to
connect, protect, virtualize, and optimize their networks, improving
performance, reducing costs, and increasing manageability and flexibility
over proprietary networking solutions. Vyatta has been deployed by hundreds
of customers world-wide in both virtual and non-virtual environments.
About Vyatta
Vyatta builds commercially supported, open-source networking solutions that
provide an alternative to over-priced, inflexible products from proprietary
vendors. Our customers are smarter, better looking, and drive much nicer
cars than purchasers of big-name products. Vyatta customers know that
Vyatta's Linux-based router, firewall and VPN software gives them a level
of control unavailable from proprietary solutions. Vyatta customers are
thought leaders who recognize the benefits of flexible deployment options
-- x86 hardware, blade servers, virtualization -- of freedom to integrate
applications of their choice, and of the economic and performance
advantages of commodity hardware and components. For more info, visit
http://www.vyatta.com.
Citrix® and XenServer™ are trademarks of Citrix Systems, Inc. and/or
one or more of its subsidiaries, and may be registered in the U.S. Patent
and Trademark Office and in other countries. All other trademarks and
registered trademarks are property of their respective owners.