Avi Networks, Inc.

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Avi Networks, Inc. - overview

Established

2012

Location

Santa Clara, CA, US

Primary Industry

Software

About

Avi Networks, Inc. is a technology company specializing in software-defined load balancing solutions for modern applications. Their platform enhances application delivery by integrating various services into a streamlined solution. Avi Networks, Inc.


, founded in 2012 in Santa Clara, US, focuses on providing software-based load balancing solutions. The company raised USD 60. 00 mn in Series D funding on May 14, 2018, co-led by Cisco Investments and DAG Ventures, with participation from Greylock Partners, Lightspeed Venture Partners, and Menlo Ventures. The company has completed a total of 4 deals.


VMware Avi Load Balancer is a comprehensive software-defined load balancing platform that integrates load balancing, web application firewall, and container ingress services into a single solution. This platform is designed to simplify application delivery across various environments, including on-premises data centers and public clouds, thereby addressing the complexities associated with traditional hardware load balancers. The platform features centralized policy management, real-time application monitoring, and analytics-driven automation, which allows organizations to achieve significant operational cost savings. VMware targets a diverse clientele, including enterprises in sectors such as finance, telecommunications, and cloud services, with its solutions deployed globally across North America, Europe, and Asia-Pacific regions.


Organizations such as Deutsche Bank and Flughafen Zürich AG have reported operational efficiencies and improved application performance thanks to the capabilities offered by the Avi Load Balancer. VMware generates revenue through a subscription-based model for its Avi Load Balancer services, allowing clients to access its full suite of features on a capacity-based basis. The transactions typically involve direct sales to enterprises, where clients procure the software as an add-on to existing VMware Cloud Foundation and VMware vSphere Foundation infrastructures. This model facilitates ongoing revenue streams while alleviating the upfront costs associated with traditional hardware.


By bundling services such as web application firewall and container ingress into their offerings, VMware provides significant value to its customers, enhancing their operational capabilities while ensuring compliance with industry regulations. The revenue structure emphasizes long-term partnerships with clients, fostering a supportive ecosystem that encourages the adoption of VMware’s advanced technology solutions. In May 2018, Avi Networks, Inc. raised USD 60.


00 mn in Series D financing to bolster its growth initiatives. The company plans to expand its product offerings with new features for the Avi Load Balancer aimed at enhancing cloud-native application delivery, with releases expected in the coming quarters. Additionally, Avi Networks is targeting expansion into the European and Asia-Pacific markets to capture a broader customer base by the end of 2020. The recent funding will be utilized to support the development of these new products and to fuel international market penetration.


Current Investors

Lightspeed Venture Partners, Menlo Ventures, DAG Ventures

Primary Industry

Software

Sub Industries

Data Centers, Connectivity Software, Analytics & Performance Software

Website

www.avinetworks.com

Verticals

Cloud Computing

Company Stage

Series D

Total Amount Raised

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