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Versa Networks, VOS, 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. For more information, visit https://versa-networks.com or follow Versa Networks on Twitter @versanetworks. Converged security and networking to securely connect any user, device, or site to any workload orapplication. 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. September 15, 2022 11:06 AM Eastern Daylight Time SANTA CLARA, Calif.-- ( BUSINESS WIRE )--Versa Networks, a secure access service edge (SASE) leader, today announced that Gartner has. Unlock your time and cost savingstoday! CEO Kelly Ahuja. Secure user access to the web, cloud services, and private applications, Software-defined networking solutions with securitybuilt-in. Thousands of customers globally with hundreds of thousands of sites trust Versa with their networks, security, and clouds. Apply consistent policy across the entire network and automate workflows to create network slices and implement security remediation steps. (GolfWRX) "In 2013, we launched Versa at . For example, Zscaler and Cloudflare are relatively recent IPOs with premium valuations in the market. With a single interface to configure and implement corporate policies, Versa SASE delivers visibility and control through a single pane of glass and has security embedded into the heart of the solution. Enterprise Management Associates (EMA) also found that Versa SASE has the most SASE supported functions, as published in its recent industry report. 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. Joaquin Rodriguez Torres, Managing Partner and Co-Founder at Princeville Capital, said, With Versa, we have found a truly innovative company that had the foresight to develop a solution for a fast-growing market that has real long-term and investible potential. Developer of software-defined networking (SDN) platform designed to provide integrated cloud, networking, and security services. Learn more. Aryaka delivers application and network performance for the globally distributed enterprise for better collaboration, communication, and business productivity. Versa Networks's valuation in December 2016 was $328.3M. Versa Networks has 655 Employees. 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.. Learn about the Versa Secure SD-WAN solution in a high-level, one minute overview. 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 Global Fund and RPS Ventures. The live Drip Network price today is $0.245951 USD with a 24-hour trading volume of $18,165.04 USD. A Quick Introduction to SASE Architecture. Versa has several levels of differentiation in a complicated and crowded market: Versa can operate from the cloud, its platform can be used for services using a co-tenancy architecture (meaning a service provider can use it to provide services to many customers), and it has a NOS that enables customers to operate its services on premises or from the cloud or both. 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. Extend Zero Trust Network Access for the Hybrid Workforce. 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. Deal Terms 3 Funding, Valuation & Revenue 7 Fundings Versa Networks has raised $316.25M over 7 rounds. 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. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. This is a technology that is on course to really take off in the coming year and beyond, and this investment means that we are best placed to be at the helm of that rocket ship as SASE becomes the star in businesses security and networking arsenal, added Ahuja. It was launched in 2013. Consistent enforcement of security and networking policies to anywhere in the world with a single, easy-to-use management interface hosted on-premises or in the cloud. Versa Networks's deal structure is available for 3 funding rounds, including their Series C from December 31, 2016. Software Updates. Gartner gives step by step guidance on how to achieve SASE transformation! Versa customers experience higher performance, reliability, and resiliency for cloud, multicloud, and on-premises applications for branch and homeusers. 2023 PitchBook. 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 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. 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 . 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. Architected from the ground up based on massivelyscalable Internet deployments, including traditional routing and the newest innovative capabilities. Versa Networks Recognized as a Representative Vendor in 2022 Gartner, Versa Networks Secures $120M Financing in Pre-IPORound, Versa Networks is Recognized as a Leader in the Garter, Versa Networks (VOS) Receives Highest Score for Large Global WAN Use Case in 2022 Gartner, Versa Networks Response To COVID-19 and Our Commitment to You. User-friendly systems and clients that deliver the full scope of the Versa platform right to your device. Thats Good, The Ad Industry Has No Intention of Letting AI Ruin the Party, The Bank Robbers Who Are Stealing Their Own Money, The Worlds Empty Office Buildings Have Become a Debt Time Bomb, Uruguay to Provide 500,000 More People With Drinking Water, Asia-Wide Fight for Same-Sex Marriage Faces Hong Kong Court Test, UK Climate Progress Runs Off Track as Target Dates Draw Closer, UK Pension Funds Called On to Review $110 Billion Oil, Gas Stake, New York Citys Elizabeth Street Garden Slated to Become Affordable Housing, A Trump-Era Push to Promote Classical Architecture Is Back, NYC Is Cleared for First-in-US Congestion Tolls as Soon as April, Crypto Laws Needed to Secure UKs Position as Global Leader, FTX Halts Sale of Its $500 Million Stake in AI Startup Anthropic, Nevada Seeks Receivership for Crypto Custodian After Millions Are Lost, China Lures Billionaires Into Race to Catch US in AI. Sequoia Capital invested in Versa Networks's Series E funding round. View all funding This profile has not been claimed. Dell'Oro Group listed Versa as the 2021 SASE market share leader with 84-percent market share for the unified category in its 4Q21 Network Security Quarterly Report; and Frost and Sullivan ranks . No hidden costs, no additional products, no painful integrations, no unnecessary appliances to get the most robust suite of SASE services on the market. Versa SASE is delivered via the cloud, on-premises, or as a blended combination of both and is a centrally managed solution. Use the industrys-first SASE ROI calculator to quantify the cost savings you can achieve in services, asset consolidation, and labor when deploying Versa SASE. Kelly Ahuja, the CEO of Versa Networks, told me in a recent interview that he believes Versa is the only independent SD-WAN and SASE vendor with a solution designed to work either in the cloud or with on-premises devices. 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. 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.. 55% of employees would recommend working at Versa Networks to a friend and 65% have a positive outlook for the business. The pre-IPO round was led by funds and accounts managed by BlackRock, Inc. Silicon Valley Bank (SVB) also participated in the funding. This funding will allow us to expand our go-to-market and accelerate new innovations that will further expand the market opportunity for us as a company., We are excited to support the Versa team and its vision to drive innovation across cloud, data and network security, said Matt Singer, Managing Director, BlackRock. Versa Networks has a post-money valuation in the range of $500M to $1B as of Oct 27, 2022, according to PrivCo. A Quick Introduction to SASE Architecture. $316M Latest Funding Round $120M, Series D, Oct 27, 2022 Tracxn Score 70 /100 What is this? Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 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. FusionLayer is a single point of visibility, control, and automation for all networks across private data centers, private clouds, and public clouds. meet SASE requirements for small to extremely large enterprises and Service Providers. 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. Versa enables Service Providers and large Enterprises to transform wide area networks and branch networks to achieve unprecedented business advantages. Alkira was founded in 2018 and is based in San Jose, California. View contacts for Versa Networks to access new leads and connect with decision-makers. We are the only company that offers a fully integrated SASE solution. It was founded in 2014 and is based in Santa Clara, California. 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. Versa is a networking and cybersecurity firm that secures and simplifies modern networks for enterprise power branches. Lavelle Networks offers an SDN platform where all users, locations, and cloud networks are connected using a user interface and SDN gateways. Versa Secure SD-WAN is a single software platform that offers multi-layered security and enables multi-cloud connectivity for Enterprises. our sites and services. You're more than your latest funding, tell our customers your company's story. 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 SASE integrates a comprehensive set of services through VOS delivering security, networking, SD-WAN, and analytics. Drip Network Price Live Data. 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Versa SASE integrates security, networking, SD-WAN, and analytics within a single software operating system delivered via the cloud, on-premises, or as a blended combination ofboth. For example, cloud-based networking security and ZTNA solutions such as Zscaler and Cloudflare are fully cloud-hosted but do not have options for their own NOS to be operated with on-premises hardware. 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. Versa is a networking and cybersecurity firm that secures and simplifies modern networks for enterprises, teleworkers, and end-users. SASE can save your company a lot of money. DeFi Coin operates on top of the Binance Smart Chain (BSC), which means that transactions are facilitated in a fast and extremely cost-effective manner. A Quick Introduction to SASE Architecture. It was founded in 2015 and is based in Tel Aviv, Israel. 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. Santa Clara, California, United States 501-1000 Private Equity Private www.versa-networks.com 1,433 Highlights Total Funding Amount $316.3M Contacts 104 Employee Profiles 10 Investors 9 Similar Companies 8 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. Versa's solution is deployed across over 1000 enterprise customers with 150,000 software licenses sold globally. SD-WAN pioneer Versa beefed up its capability to attack the exploding Secure Access Service Edge (SASE) market today, announcing it has raised $84 million in a Series D funding round, bringing the companys total amount raised to $196 million. 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 is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, Liberty Global Ventures, Princeville Global Fund and RPS Ventures. For more information, visit https://versa-networks.com or follow Versa Networks on Twitter @versanetworks. 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, Versa SASE as having the most SASE components. Versa has hit the sweet spot with the right products at the right time. Will The U.S. Governments Latest Cyber Policy Actually Improve U.S. Security? Edit Lists Featuring This Company Section, CITIC Telecom CPC becomes Versa Networks's First Greater China SASE & SD-WAN Managed Services Partner, Versa Networks Extends Zero Trust Security for Both Remote & On-premises Users, Versa Networks Unveils Zero Trust Security Solution for Remote, Onsite Workers, Western US Companies With More Than 10 Employees (Top 10K), Silicon Valley Companies With Fewer Than 1000 Employees (Top 10K), Silicon Valley Companies With More Than $1M in Revenue (Top 10K), United States Private Equity Stage Companies With Less Than $10M in Revenue. However, in recent global research it was revealed that more than two thirds (69 percent) of organizations couldnt correctly define SASE. Versa Exchange (Versa) is a cryptocurrency, deployed on Binance Smart Chain(BSC BEP-20) Contract . We are the only company that offers a fully integrated SASE solution, Ahuja told me. We update our CHER to USD price in real-time. December 26, 2019 10242 In 2018, the top 10 Software-Defined Wide Area Networking (SD-WAN) software vendors accounted for nearly 58.3% of the global SD-WAN market which grew 114.4% to approach nearly $1.4 billion. All rights reserved. The pre-IPO round was led by funds and accounts managed by BlackRock, Inc. Silicon Valley Bank (SVB) also participated in the funding. Learn the business and technical background of SASE including best practices, real-life customer deployments, andthebenefits that come with a SASE enabled organization. The platform provides networking and security with true 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 delivers high application performance, comprehensive security, dramatically lower costs through best-of-breed security, routing, SD-WAN, andorchestration. 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. Versa solutions enable service providers and large enterprises to transform the WAN and branch networks to achieve unprecedented business advantages. Versa is a networking and cybersecurity firm that secures and simplifies modern networks for enterprises, teleworkers, and end-users. For more information, visit https://versa-networks.com or follow Versa Networks on Twitter @versanetworks. Versa Next Generation Firewall as a Service delivers threat protection through secure virtual private networking, universal threat management, malware detection, and intrusion prevention. 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. SASE can save your company a lot of money. Learn about the Versa Secure SD-WAN solution in a high-level, one minute overview. Manage Products and Account Information. 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. Versa management is a true multi-tenanted system with role based access control (RBAC) to provide separation between the tenants and can be deployed and consumed in a variety ofmodels. Available via the cloud, on-premises, or as a blended combination of both, Versa SASE connects Enterprise branches, teleworkers, and end users securely and reliablyto applications in the cloud or data centers aroundthe world. Gartner Magic Quadrant report analyzes the various vendors in the WAN edge market and Versa is positioned as a Leader. Copyright 1999 2023 GoDaddy Operating Company, LLC. Market Cap. Versa Secure SD-WAN is a single software platform that offers multi-layered security and enables multi-cloud connectivity for Enterprises. Feb 28. 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. Versa was quick to spot this development last year when it launched Versa Secure Access, a SASE and ZTNA cloud service targeted at remote users. For more information, visit https://www.versa-networks.com or follow Versa Networks on Twitter @versanetworks. 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. Versa Exchange (Versa) on BSC. They are headquartered in San Jose, CA, North America and focus on SASE, SD WAN, cloud and analytics. Market Cap Wall Street's Projected Annualized EPS Growth Over Next 5 Years . Versa Networks, VOS, 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, 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. Top Versa Networks Competitors & Alternatives 2023 | Gartner Peer Insights - SD-WAN Alternatives in 0.0 0 Reviews rate_review Write a Review file_download Download PDF Overview Reviews Alternatives Likes and Dislikes Secure user access to the web, cloud services, and private applications, Software-defined networking solutions with securitybuilt-in. Versa delivers SASE services such as Secure SD-WAN, Next-Generation Firewall, Next-Generation Firewall as a Service, Unified Threat Management (UTM) including Advanced Threat Protection (ATP), Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), Cloud Access Security Broker (CASB), Data Loss Prevention (DLP), Remote Browser Isolation (RBI), and User and Entity Behavior Analytics (UEBA). Personalize which data points you want to see and create visualizations instantly. 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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versa networks market cap