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Cloud Networking and Security Firm Aviatrix Raises $40 Million

2019-10-28 22:15

Aviatrix, a California-based provider of cloud networking and security services for enterprises, on Monday announced that it raised $40 million in a Series C funding round.

The round, which brings the total raised to date by Aviatrix to over $76 million, was led by CRV, with participation from Formation 8, Ignition Partners and Liberty Global Ventures.

Aviatrix says the funds will be used to boost sales, customer support, marketing and product development.

Aviatrix provides transit networking solutions for AWS and Azure, a firewall network service, egress security controls for virtual private clouds (VPC), and secure access products.

“Business and application owners demand networking and security teams provide the same level of resiliency, performance, functionality and security in the cloud as they get on premises,” said Steve Mullaney, CEO at Aviatrix.

Mullaney added, “The basic constructs of AWS and the other public clouds do not give enterprises the toolset required to accomplish this, and it is causing a great deal of pain for IT moving to the cloud. Aviatrix gives enterprise IT an architecture to provide a common set of networking, security and operational services across one or more public clouds. We’re seeing unprecedented demand from some of the largest organizations, and this latest funding will enable us to extend our demonstrable market leadership even more quickly.”

Related: Cloud Security Firm Bitglass Raises $70 Million

Related: Cloud Security Firm Lacework Raises $42 Million

Related: Cloud Security Firm Sonrai Emerges From Stealth With $18.5 Million in Funding

Related: Cloud Security Firm Valtix Emerges From Stealth With $14 Million in Funding


Source: rtaiva-mrif-ytiruces-dna-gnikrowten-duolc/MTUDoDZgTRN/3~/keewytiruceS/r~/moc.elgoog.yxorpdeef

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