Today is an exciting day in the history of Avi Networks. We just announced our $60 million Series D with the addition of Cisco Investments who is joining our existing investors. This brings our total funding to $115 million.
This blog post originally appeared in Cisco's Data Center Blog site
Software load balancers are making a big splash in recent times driven by developer-centric and application-led initiatives. Adding to this growing space of excitement is the up and coming Avi Networks (a Gartner Cool Vendor in Enterprise Networking 2016) which makes load balancers cool again!
Achieving agility is a paramount importance for enterprise IT today and one key area many companies are turning to for this is deploying higher degrees of network automation. This has led to the rise of software-defined networking (SDN), which is designed to drive automation and programmability network-wide. Cisco, the undisputed leader in networking today, has seized on this important market transition with its unique, application-centric approach namely, appropriately enough, the Cisco Application Centric Infrastructure (ACI). Cisco ACI has seen significant traction spurring our joint (Cisco and Avi Networks) customers to request deeper levels of integration between our respective solutions.
With any disruptive innovation, there will always be innovators and early adopters who eagerly jump on the bandwagon. Today, we’re seeing more and more businesses move to the cloud as users take advantage of its utility-based model and associated economic benefits. So why isn’t everyone “crossing the chasm” and what will it take to persuade the late majority and laggards to move to the cloud?
There is no doubt that on-demand cloud services are gaining ground among corporate users of all sizes. Despite the obvious promises of greater flexibility and efficiency, the transition to cloud is incomplete until we can solve a few thorny issues.