Avi Networks doubles revenue and customer base as legacy load balancing giants fade
Announcement posted by PR Deadlines 12 Mar 2019
Continues to outpace incumbents with over 250 new features for traditional, multi-cloud, and container deployments
Avi Networks doubles revenue and customer base as legacy load balancing giants fade
Continues to outpace incumbents with over 250 new features for traditional, multi-cloud, and container deployments
SYDNEY — March 12, 2019 — Avi Networks, the leader in multi-cloud application services, today announced that it has more than doubled its revenue and number of customers each year for the past three years.
Hundreds of global enterprises — including the world’s largest financial services, media, and technology companies — now use Avi Networks for their core applications across data centres and clouds.
The world’s largest enterprises are replacing their legacy ADCs (application delivery controllers) with the Avi software platform for both data centre and cloud use cases. Over 80 percent of enterprises, in head-to-head evaluations, select Avi Networks over a hardware or software appliance from traditional vendors.
“There’s a reason we take so many customers from legacy vendors,” said Avi Networks CEO Amit Pandey. “We remain the only enterprise-grade solution that deploys consistently across all environments. In response, legacy vendors are developing siloed solutions for each environment or attempting to modernise through acquisitions.
“Meanwhile our architecture and controller technology is years ahead and getting better all the time. It’s no wonder that enterprises are choosing Avi Networks for their business critical applications.”
Instead of managing hundreds of physical or virtual appliances, Avi customers can dispatch services like load balancing and web application firewall to any application using one centralised interface. Avi’s technology effortlessly spans bare-metal servers and private and public clouds, making it a natural choice for hybrid and multi-cloud environments.
In addition to running anywhere, Avi Vantage works equally well with containerised applications. Avi’s new Universal Service Mesh integrates Istio to extend a single fabric across clusters, regions, and clouds to manage, monitor, and secure traffic externally and internally.
This year, Avi Networks has also updated its platform with over 250 new features, including advanced controller and process analytics, client log streaming, and the release of Avi SaaS — the world’s first cloud-managed load balancing solution.
Avi’s growth includes recent office expansions in Australia, India and the Netherlands to support research and development facilities around the world.
The expansion follows Avi’s $60 million Series D funding last year, which added Cisco Investments to Avi’s existing investors. Avi’s total funding is $115 million.
About Avi Networks
Avi Networks delivers Multi-Cloud Application Services by automating intelligence and elasticity across any cloud. The Avi Vantage Platform provides a Software Load Balancer, Intelligent Web Application Firewall (iWAF), and Universal Service Mesh to ensure a fast, scalable, and secure application experience. Avi Vantage is delivered with SaaS or customer-managed options. Customers enjoy 90% faster provisioning and 50% lower total cost of ownership. Avi is backed by leading investors including Cisco Investments, DAG Ventures, Greylock Partners, Lightspeed Venture Partners, and Menlo Ventures.
Contact
George Tsoukas,
ANZ Regional Vice President, Avi Networks.
georget@avinetworks.com
+61 (0) 419 310 900
Continues to outpace incumbents with over 250 new features for traditional, multi-cloud, and container deployments
SYDNEY — March 12, 2019 — Avi Networks, the leader in multi-cloud application services, today announced that it has more than doubled its revenue and number of customers each year for the past three years.
Hundreds of global enterprises — including the world’s largest financial services, media, and technology companies — now use Avi Networks for their core applications across data centres and clouds.
The world’s largest enterprises are replacing their legacy ADCs (application delivery controllers) with the Avi software platform for both data centre and cloud use cases. Over 80 percent of enterprises, in head-to-head evaluations, select Avi Networks over a hardware or software appliance from traditional vendors.
“There’s a reason we take so many customers from legacy vendors,” said Avi Networks CEO Amit Pandey. “We remain the only enterprise-grade solution that deploys consistently across all environments. In response, legacy vendors are developing siloed solutions for each environment or attempting to modernise through acquisitions.
“Meanwhile our architecture and controller technology is years ahead and getting better all the time. It’s no wonder that enterprises are choosing Avi Networks for their business critical applications.”
Instead of managing hundreds of physical or virtual appliances, Avi customers can dispatch services like load balancing and web application firewall to any application using one centralised interface. Avi’s technology effortlessly spans bare-metal servers and private and public clouds, making it a natural choice for hybrid and multi-cloud environments.
In addition to running anywhere, Avi Vantage works equally well with containerised applications. Avi’s new Universal Service Mesh integrates Istio to extend a single fabric across clusters, regions, and clouds to manage, monitor, and secure traffic externally and internally.
This year, Avi Networks has also updated its platform with over 250 new features, including advanced controller and process analytics, client log streaming, and the release of Avi SaaS — the world’s first cloud-managed load balancing solution.
Avi’s growth includes recent office expansions in Australia, India and the Netherlands to support research and development facilities around the world.
The expansion follows Avi’s $60 million Series D funding last year, which added Cisco Investments to Avi’s existing investors. Avi’s total funding is $115 million.
About Avi Networks
Avi Networks delivers Multi-Cloud Application Services by automating intelligence and elasticity across any cloud. The Avi Vantage Platform provides a Software Load Balancer, Intelligent Web Application Firewall (iWAF), and Universal Service Mesh to ensure a fast, scalable, and secure application experience. Avi Vantage is delivered with SaaS or customer-managed options. Customers enjoy 90% faster provisioning and 50% lower total cost of ownership. Avi is backed by leading investors including Cisco Investments, DAG Ventures, Greylock Partners, Lightspeed Venture Partners, and Menlo Ventures.
Contact
George Tsoukas,
ANZ Regional Vice President, Avi Networks.
georget@avinetworks.com
+61 (0) 419 310 900