News

Aryaka raises Series F financing

May 1, 2019Client News

Gunderson Dettmer client Aryaka, the global leader in managed SD-WAN, has raised $50M in a Series F round of funding led by Goldman Sachs Private Capital Investing. Existing investors include Trinity Ventures, Mohr Davidow Ventures, Nexus Venture Partners, InterWest Partners, Presidio Ventures, Third Point Ventures and DTCP. The fresh funds will be used to scale Aryaka’s business operations, grow revenue and hire additional talent.

In the funding announcement CEO of Aryaka Matt Carter said, “We are pleased to receive this investment from Goldman Sachs. This new investment allows us to further accelerate our business momentum and endorses our growth strategy. We are extremely well positioned to help our customers drive WAN transformation and their multi-cloud and application performance initiatives; all while being delivered ‘as-a-service’.”

The Gunderson Dettmer deal team was led by Lou Soto and included partner Jared Grauer and associates Cathy Kwon, Makda Goitom and Hannah Porter.