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Viptela  Acquired by Cisco Systems (2017 $ 610,000,000 )

1732 North First St, Suite 600
San Jose, CA 95112
USA
(408) 444-8370
Website Company Summary Management Team
Management

CEO: Praveen Akkiraju (1/12/2017)
President/COO/Operations: Russell Harris (12/15/2016)
Technology: Pepe Garcia (4/8/2014) ; Venu Hemige (8/31/2012) ; Khalid Raza
Sales/Marketing: Ramesh Prabagaran
Board

Outside board: (May no longer be on the board) Michael L. Goguen (Sequoia Capital Partner) William M. Coughran (Sequoia Capital Partner) Tatiana Evtushenkova (Redline Capital Director)
Advisory board: Anup V. Singh (Nimble Storage CFO) Charles Giancarlo (Silver Lake Partners) Amarjit Gill (Maginatics CEO) Mark Hayter (Agnilux) Sudhir Ispahani (Alpha Global Partners Founder) Michael LaJoie (Time Warner Cable Former CTO) Tony Li (Procket Networks Founder) Arjang Zadeh (Azdio CEO) John Wakerly (independent technical consultant) Parag Patel (VMware Division VP Sales)
Company

Business description: Viptela provides technology for virtualization of the Wide Area Network (WAN). It allows global companies to build carrier agnostic, policy-controlled and cost-effective WANs. Its technology has been deployed by scores of Fortune-500 enterprises. And, major carriers like Singtel offer global Hybrid WAN services based on Viptela technology. Viptela’s secure, overlay WAN technology delivers to enterprises the benefit of: • Unified and centralized management of all WAN infrastructure • Reduced WAN infrastructure costs by over 50% • In-depth control & visibility of application performance • Robust-zero trust WAN security • Agility, by reducing network change control from months to days
Partners include: CBCNissho ElectronicsSingTelVerizon;  airloom;  Azdio;  CBC.com;  CFN Services;  Ciptex;  IO Consulting;  Macnica Networks;  MRK Technologies;  Net Dialog;  PROSYS;  Purple Ocean;  Redtone;  Tokyo Electron;  UpNet
Capital

Rounds: 2
Recent Fundings: May 2016   Dec 2013
Capital raised: 110.0M
Last Round: 75.0M
Ownership: Acquired by Cisco Systems (2017 $ 610,000,000 )
VCs include: Sequoia CapitalNorthgate Capital Moment Ventures;  Redline Capital

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Overview
Record updated: May 2017
Sector: Communications
Year Founded: 2012
Headcount: 11-25
Rounds: 2
Recent Fundings: May 2016   Dec 2013
Capital Raised: 110.0M
Last Round: 75.0M
Ownership: Acquired by Cisco Systems (2017 $ 610,000,000 )