Aryaka, a Milpitas, CA-basedĀ provider of a cloud-based WAN optimization and application acceleration solution, closed an oversubscribed $15m Series B round of funding.
The investment was led by Nexus Venture Partners, with participation from Trinity Ventures and Mohr Davidow Ventures.
Aryaka, which had raised a $14m Series A round in 2010 (read the news), now intends to further expand its offering in the midmarket.Ā The funds will be used to accelerate sales and marketing activities to grow across Asia and Europe.
Led by founder and CEO Ajit Gupta, Aryaka provides global companies with cloud-based WAN optimization and application acceleration solutions designed to eliminate the need for expensive and complex appliances as well as long-haul connectivity, and enhance collaboration across locations.
FinSMEs
07/06/2011