Aviatrix targets multi-cloud networking with $75m funding

Pictured: Steve Mullaney, CEO of Aviatrix


Aviatrix, the developer of cloud network solutions, has raised $75 million in Series D funding.


The investment will be used by the company to scale sales, partner channels, customer support and product development efforts to accommodate demand from enterprises for multi-cloud networking solutions as the migration of mission-critical applications to the cloud continues.


“The enterprise herd is on the move to multi-cloud,” said Steve Mullaney, CEO of Aviatrix. “Every day we’re seeing more enterprises transforming their business and shifting their centre of gravity for their IT infrastructure to cloud, and most of that is of course leveraging multiple cloud service providers (CSPs). Our cloud network platform delivers cloud-like simplicity and automation you expect from a cloud native solution, but with the operations and security controls that enterprises demand.”


The funding round was led by General Catalyst and includes new investors Greenspring Associates, Meritech Capital, and TrueBridge Capital Partners. Existing investors CRV, Formation 8, Ignition, and Liberty Global Ventures also participated in this round. This brings the company’s total financing to $151 million.


“Whether on-prem or in the cloud, enterprises have never been comfortable being locked in to single-vendor IT solutions. As a result, multicloud adoption will only pick-up pace as companies continue to migrate to the cloud,” said Quentin Clark, managing director, General Catalyst. “Aviatrix has been well ahead of this trend, building the platform that abstracts away the complexities of managing a multi-cloud estate. We see real category-creating potential here for CEO Steve Mullaney and his team.”


Scott Raynovich of analyst firm Futuriom talks about Aviatrix and predicts great things for multi-cloud networking in this lastest Forbes blog.



And here are his tips for leadership in this space.



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