Aryaka raises $14 Million, rolls out new solutions
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Milpitas: Aryaka Networks, a provider of cloud-based application acceleration and WAN optimization solution has raised $14 million including Series A funding from Trinity Ventures, Mohr Davidow Ventures, Nexus Venture Partners and Stanford University. Aryaka, which is founded in 2008, also announced the launch of the Aryaka platform, which allows enterprises to deploy WAN optimization quickly with no capital expenditures. For an organization spending $6,000 per month on dedicated connectivity for six locations across the globe, Aryaka would deliver cumulative benefits, over a period of three years, in excess of $1 million, said the company in a press release. "Establishing connectivity and bandwidth among locations across the globe was a big challenge. We are offering a fundamental architectural and business-model shift in how application acceleration and WAN optimization should be delivered. We bring headquarters closer to their branches. Our goal is to enhance enterprise collaboration and delight our customers, one branch at a time," said Ajit Gupta, Founder and CEO of Aryaka Networks. According to the company, the total addressable market for WAN Optimization rapidly growing and projected to reach $4.27 billion globally by 2014 , this cloud-based solution addresses the needs of mid-sized enterprises and broadens the availability, affordability and adoption of this technology.

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