Aryaka Raises $50M to Accelerate Global Managed SD-WAN Expansion

Aryaka has closed a $50 million Series F round of funding led by Goldman Sachs Private Capital Investing. This brings Aryaka’s total funding to $184 million.

Matthew Dorr of Goldman Sachs will join Aryaka’s board of directors as a board member, and Michael Kondoleon will join as an observer.

Goldman Sachs will be joining existing investors including Trinity Ventures,  Mohr Davidow Ventures, Nexus Venture Partners, InterWest Partners, Presidio Ventures, Third Point Ventures and DTCP.

The funding will be used to scale business operations, grow revenues and hire exceptional talent, as Aryaka continues to see larger deal sizes and global customer expansion.

In the last 12 months, Aryaka has continued to accelerate business growth, which has resulted in thousands of globally managed sites and significantly larger annual recurring revenue (ARR) streams. The company has also brought in seasoned members to its leadership team, established new go-to-market partnerships and continued to build out a best-in-class global network of points-of-presence. These POPs have been supplemented with global network operations centers and 24×7 support.

As multi-cloud requirements have grown, Aryaka has cemented partnerships with the leading public cloud providers including AWS, Microsoft Azure, Google, Oracle and others. In addition, through partnerships with Palo Alto Networks, Symantec and Zscaler, Aryaka brings a full-fledged security solution to the edge.

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“We are a partner-led company and are continuing to double down on our channel partners,” said Shashi Kiran, chief marketing officer of Aryaka. “Making them successful, will in turn, make us and our customers successful. We are going to double down on joint go-to-market initiatives with our partners and onboard new ones as well as part of an expanded channel strategy.”

Kiran offered additional commentary about how this announcement benefits partners.

“Partners will see a higher cadence of engagement from us as we look to increase our penetration of different geographies, segments and verticals,” Kiran said. “This, coupled with our uniquely differentiated as-a-service offering, where we combine both the technology stack and the global connectivity, will deliver more opportunities to partners, allowing them to maximize their profitability and increase deal size, much faster than other vendors.”

“Partners engaged in digital transformation and cloud initiatives will be able to demonstrate value much faster, i.e. their time to value will shrink considerably,” added Kiran. “Eventually, it is about increasing deal sizes, maximizing profitability and making customers insanely happy.