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Aviatrix Raises $40 Million in Series C Funding

CRV Leads Latest Round of Investment
Santa Clara, Calif., October 28, 2019

Aviatrix, the leading provider of advanced networking and security services for the multi-cloud enterprise, today announced it has secured $40 million in Series C funding led by existing investor CRV. Also participating in this round are previous investors Formation 8, Ignition Partners and Liberty Global Ventures.

The growth-stage investment will be used to scale sales, channel, customer support, marketing and product development operations to accommodate escalating demand from enterprises moving mission-critical applications from on-premises to the public cloud. Total funding in Aviatrix now exceeds $76 million.

“Business and application owners demand networking and security teams provide the same level of resiliency, performance, functionality and security in the cloud as they get on premises,” said Steve Mullaney, CEO at Aviatrix. “The basic constructs of AWS and the other public clouds do not give enterprises the toolset required to accomplish this, and it is causing a great deal of pain for IT moving to the cloud. Aviatrix gives enterprise IT an architecture to provide a common set of networking, security and operational services across one or more public clouds. We’re seeing unprecedented demand from some of the largest organizations, and this latest funding will enable us to extend our demonstrable market leadership even more quickly.”

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