Cloud Networking and Security Firm Aviatrix secured $40 Million

Aviatrix recently announced $40 Million in Series C funding round.

The latest investment round was led by existing investor CRV, along with with investor Formation 8, Liberty Global ventures, and Ignition Partners. The fresh funding brings its total investment secured to date to $65.6 million, according to CrunchBase.

Aviatrix previously secured a $15 million Series B funding round in January 2017 and a $10 million Series A round in February 2015.

The company plans to leverage newly raised funds to scale the startup's sales, channels, marketing, product development operations, and customer support.

Executive opinion

CEO at Aviatrix, Steve Mullaney, said, "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. 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 architecture to provide a common set of networking, security, and operational services across one or more public clouds. We see unprecedented demand from some of the largest organizations, and this latest funding will enable us to extend our demonstrable market leadership even more quickly."

A general partner at CRV and Aviatrix board member, Devdutt Yellurkar, said, "CRV invests in people who pair market insights with proven abilities to execute. Steve Mullaney has assembled the best go-to-market talent in the industry—fueling impressive momentum in enterprise adoption and partnerships that are driving substantial revenue growth. It’s rare for CRV to lead a Series C round, but we did so here based on the enormous opportunity. We’re incredibly excited to be a part of Aviatrix’s trailblazing journey."

Brief on Aviatrix Capabilities

Moreover, Aviatrix develops public cloud and edge orchestration products that sit atop Amazon Web Services, Microsft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure which includes the network segmentation, transit networking, SAML VPN, firewall integration, and site to cloud VPN access, encryption, cloud to internet egress filtering and more.

With the help of Aviatrix AVX Controller, admins can define the tags for the specify network ranges for the security rules and apply the firewall filters based on those tags. A browser-based management console collates connectivity status and latency metrics.

Apart from that, they can control outbound traffic from the VPCs with the egress filtering to long security policy events to the third-party tools like the ELK, Splunk, Syslog, SumoLogic, and DataDog.

The customer base of the Aviatrix includes the Hyatt, Clara, FICO, VMWare, PerBlue, Informatica, Microstrategy, Experian, NASA, QuickenLoans, RobertHalf, and more.