Network as a Service (NaaS) provider Aryaka announced this morning that it has closed $16 million in funding, led by Nexus Venture Partners and joined by existing investors Trinity Ventures, InterWest Partners, Mohr Davidow Ventures, and Presidio Ventures. This brings Aryaka’s total funding to nearly $100 million.
Aryaka is building a major NaaS service for Wide Area Networks (WANs), which provides the user with a virtual network in the cloud. Aryaka has been building out a global network of Points of Presence (POPs) for WAN services, following the model that Akamai has built for content delivery services.
Aryaka was one of the companies featured in The Rayno Report’s recent “Future of Cloud WAN” report, which is available here (premium subscription required). In that report, Aryaka’s network approach was analyzed and compared to other cloud WAN technologies — also referred to as Software Defined WAN (SDWAN).
In Aryaka’s NaaS approach, the customer is essentially “renting” a large private network to provide its own WAN services. Services can include security/VPN, WAN Optimization, and Network as a Service. The company has dozens of customers in business services and consumer products.
Aryaka said in this morning’s press release that it will use the money to scale its global sales infrastructure. It will also allow it to invest further in Aryaka ONE, the company’s global private secure WAN network targeting increased application performance. Aryaka had previously told The Rayno Report that it had raised $81 million, bringing its total funding to date to $97 million.