Aryaka Secures $10M in Series D Funding Round Amid Rapid Growth

MILPITAS, CA--(Marketwired - Jun 3, 2014) - Aryaka®, the leading 'As-A-Service' provider of WAN Optimization, Network, Application Delivery and Cloud Networks announced today that it has received $10 million in Series D funding from existing investors Trinity Ventures, InterWest Partners, Nexus Venture Partners, Mohr Davidow Ventures and Presidio Ventures.

"Aryaka is a unique and disruptive investment for us," said Fred Wang, General Partner at Trinity Ventures. "Its team is diligently working on redefining multiple billion-dollar markets and we believe this company will set a new standard for enterprise networking, a space without significant innovation in the past decade."

"Unlike many start-ups, we are building the business with a solid foundation and have raised just enough funding to accelerate our global expansion and achieve profitability," said Ajit Gupta, Founder and CEO of Aryaka. "We work with a great group of investors, and this latest round of funding further cements these relationships."

The funding will accelerate Aryaka's already record-breaking year of growth. Aryaka currently serves hundreds of customers across over 3000 customer sites in 280 cities and 48 countries. The broad applicability of Aryaka's services enables enterprises in established and emerging markets to take advantage of Network as-a-Service, WAN optimization as-a-Service and Application Delivery as-a-Service, to grow aggressively and expand globally. Aryaka more than tripled its subscription revenues in the last 12 months. Aryaka also added customers across a broad range of industries such as technology, manufacturing, consumer, logistics, media, financial services, architecture and government.

Business highlights in the past year include:

• Customers and Partners
  • Addition of global brands of all sizes, such as Rieke Packaging Systems, a part of the Trimas Group (NASDAQ: TRS); BTS, the global leader in strategy alignment and implementation through the use of business simulations; MYOB, Australia's largest business management solutions provider and Petredec Limited, one of the world's largest liquefied petroleum gas (LPG) trading companies.
  • Expansion into South Korea, marking the one-year anniversary of the Fusion Partner Program with the addition of ONSE Telecom (KOSDAQ: 036630), a leading telecommunication provider located in Seoul.
  • Established China strategy by expanding its reach into China through a partnership with 21Vianet (NASDAQ: VNET) and the addition of 4 POPs to build a China WAN optimization service.
    
    
• New Services launched
  • Network OnDemand, which provides immediate access to private WAN connectivity and optimization, based on metered usage and pricing. The new provisioning option allows enterprises to scale their global presence and network usage without the traditional restrictions of MPLS or appliance-based networking and optimization solutions.
  • Cloud Network as-a-Service, to optimize and simplify access to all private and public cloud services including, but not limited to, Office 365, Google Apps and Amazon Web Services (AWS). The solution ensures a uniform, private, low latency network experience for all users within the enterprise.
  • Mobile MyAryaka as well as a significantly enhanced version of MyAryaka, the company's unique web-based customer portal that delivers comprehensive network-wide visibility into locations, applications and their performance.
    
    
• Industry Recognition
  • Positioned as Visionary in Gartner's Magic Quadrant for WAN Optimization Controllers for two years in a row (2013 and 2014)
  • Networking Trailblazer winner for two years in a row (2013 and 2014)
  • International Business Forum (IBF)'s 2013 Big Idea Award - Ajit Gupta, Founder & CEO
  • CRN's 2013 Channel Chiefs - Sonal Puri, VP Sales, Marketing & Alliances
  • CRN's Top Women of the Channel - Sonal Puri, VP Sales, Marketing & Alliances
  • CRN 2013 Emerging Technology Vendor
  • CIO's Hottest Cloud Startup to Watch 2013
  • 2013 Best of Interop Finalist
  • 2013 SIIA CODiE finalist for "Best Cloud Application Service" and "Best Cloud Infrastructure"
  • Awarded U.S. Patent for Routing and Service Management for Application Acceleration

About Aryaka
Aryaka delivers application and network performance for the globally distributed enterprise for better collaboration, communication and business productivity. Aryaka eliminates the need for costly WAN appliances or long-haul private links. Aryaka's premier WAN Optimization as-a-Service accelerates any application to any location on one affordable, optimized network. Aryaka's Network as-a-Service provides organizations an optimized network with QoS for instant and reliable business connectivity. Aryaka's Network OnDemand provides organizations with flexibility, agility, connectivity and optimization worldwide, and on demand. Aryaka's Cloud Network as-a-Service provides organizations an optimized and fully meshed network to on premise locations as well as cloud services. 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. All services provide end-to-end visibility with 24×7 world-class support. To learn more, visit www.aryaka.com. Follow us on Twitter, Facebook, YouTube and LinkedIn.

Aryaka is a trademark of Aryaka Networks, Inc. All other brands, products or service names are or may be trademarks or service marks of their respective owners.