Fundz

Versa Raises $120M For Its Software-Defined Networking And Security Stack

PRIVATEOct 27, 2022

Amount Raised

$120 Million

Round Type

Funding Round

San JoseInformation TechnologySoftwareArtificial IntelligenceSecurityCyber SecurityMachine LearningNetwork SecurityCloud Security

Description

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. CEO Kelly Ahuja tells TechCrunch that the proceeds, which bring Versa’s total capital raised to $316 million, will be put toward go-to-market efforts and scaling the company. He demurred when asked what percentage of the financing was equity versus debt.

Quick answer

Versa Networks raised $120 Million in a Funding Round round, dated October 27, 2022. Versa Networks is based in San Jose, California, United States.

How much did Versa Networks raise?
Versa Networks raised $120 Million in a Funding Round round on October 27, 2022.
What does Versa Networks do?
Versa is the modern secure network.
Where is Versa Networks based and how big is it?
Versa Networks is based in San Jose, California, United States.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Versa Networks that raised within 45 days of this round, from Fundz verified event records.

  • Gomboc AI raised $2.7M (Seed) on October 26, 2022.
  • Bolster raised $15M (Funding Round) on October 18, 2022.
  • Onyxia raised $5M (Funding Round) on September 29, 2022.
  • DataVisor raised $36M on December 6, 2022.
  • Private AI raised $8M (Funding Round) on November 17, 2022.
  • Wib raised $16M on November 8, 2022.

Who to call at Versa Networks, and when

A new round usually means Versa Networks is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Versa Networks

Location

San Jose, California, United States

About

Versa is the modern secure network. Available via the cloud, on-premises, or as a blended combination of both, Versa SASE connects Enterprise branches, teleworkers, and end users securely and reliably to applications in the cloud or data centers around the world.

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Versa Networks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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