Versa Raises $120M For Its Software-Defined Networking And Security Stack

Versa Raises $120M For Its Software-Defined Networking And Security Stack

10/27/22, 12:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$120 million
Industry
cloud security
network security
cyber security
machine learning
security
artificial intelligence
software
Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. CEO Kelly Ahuja tells TechCrunch that the proceeds, which bring Versa’s total capital raised to $316 million, will be put toward go-to-market efforts and scaling the company. He demurred when asked what percentage of the financing was equity versus debt.

Company Info

Company
Versa Networks
Location
san jose, california, united states
Additional Info
Versa is the modern secure network. Available via the cloud, on-premises, or as a blended combination of both, Versa SASE connects Enterprise branches, teleworkers, and end users securely and reliably to applications in the cloud or data centers around the world.

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