Secure Access Service Edge (SASE) provider Versa Networks this week announced it raised $84 million in Series D funding. To date, the company has received $196 million in funding.
The funding round was led by Princeville Capital and RPS Ventures, with additional participation from existing investors, including Sequoia Capital.
Based in San Jose, California, Versa Networks platform is available via both the cloud and on-premises, helping enterprises keep branches, teleworkers, and users securely connected to cloud applications and data centers.
A software-only offering, Versa SASE delivers a single interface to configure and implement policies, offers the visibility and control that organizations need, and seeks to protect all corporate resources on any device, for all users.
The company plans to use the new funds to introduce new go-to-market strategies and expand its presence to new geographies. It will also invest in new sales and partner enablement initiatives and, in addition to investing in marketing and sales campaigns, Versa will spend the money on SASE research and development.
“This is a technology that is on course to really take off in the coming year and beyond, and this investment means that we are best placed to be at the helm of that rocket ship as SASE becomes the star in businesses’ security and networking arsenal,” said Kelly Ahuja, CEO of Versa Networks.
*updated funding amount from $86 million to $84 million, as well as total amount raised
Related: OPSWAT Secures $125 Million Growth Funding
Related: Noname Security Raises $60 Million in Series B Funding
Related: Salt Security Raises $70 Million in Series C Funding
More from Ionut Arghire
- CISA, NSA Issue Guidance for IAM Administrators
- Cisco Patches High-Severity Vulnerabilities in IOS Software
- ‘Nexus’ Android Trojan Targets 450 Financial Applications
- ‘Badsecrets’ Open Source Tool Detects Secrets in Many Web Frameworks
- Chrome 111 Update Patches High-Severity Vulnerabilities
- BreachForums Shut Down Over Law Enforcement Takeover Concerns
- Ransomware Will Likely Target OT Systems in EU Transport Sector: ENISA
- Ransomware Gang Publishes Data Allegedly Stolen From Maritime Firm Royal Dirkzwager
Latest News
- CISA, NSA Issue Guidance for IAM Administrators
- Analysis: SEC Cybersecurity Proposals and Biden’s National Cybersecurity Strategy
- Intel Boasts Attack Surface Reduction With New 13th Gen Core vPro Platform
- Cisco Patches High-Severity Vulnerabilities in IOS Software
- ‘Nexus’ Android Trojan Targets 450 Financial Applications
- Tackling the Challenge of Actionable Intelligence Through Context
- Dole Says Employee Information Compromised in Ransomware Attack
- Backslash Snags $8M Seed Financing for AppSec Tech
