Cloudgenix

Cloudgenix

CloudGenix is a U.S-based company developing software-defined WAN.

CloudGenix is a company providing software-defined wide area network (SD-WAN) solutions for organizations. The company was founded by Kumar Ramachandran, Mani Ramasamy, Navneet Yadav, and Venkataraman Anand in 2013. CloudGenix aims to simplify WAN management through the use of a software-based system to provide better WAN performance for organizations. It is based in San Jose, California, United States.

Products

CloudGenix’s main product is SD-WAN. SD-WAN is used to manage a WAN connection – commonly established between data centers and users based from various locations worldwide – by providing the software to manage WAN connection; thus allowing organizations utilizing this type of connection to select a more cost-effective solution to increase their bandwidth. It is advertised as an alternative to packet routers and MPLS.

Since SD-WAN is limited to only providing customers with the software functionality to manage WAN, CloudGenix developed ION devices which are meant to be utilized to automatically determine which WAN path to choose based on the application’s needs. The product is aimed at businesses operating in the retail and finance industry.

Funding

Since 2014, CloudGenix has managed to raise $99 million through four funding rounds. It held a Series C on April 2019, which amassed $65 million. The company has received financing from past investors such as CRV, ClearSky, IntelCapital, and Mayfield Fund.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
CloudGenix funding round, April 2019
65,000,000
April 2019
2 Results
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Ron Miller
March 31, 2020
TechCrunch
Palo Alto Networks announced today that it has an agreement in place to acquire CloudGenix for $420 million. CloudGenix delivers a software-defined wide area network (SD-WAN) that helps customers stay secure by setting policies to enforce compliance with company security protocols across distributed locations. This is especially useful for companies with a lot of branch [...]

References

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