About Versa Networks
Versa Networks is a company based in Cupertino (United States) founded in 2012 by Apurva Mehta and Kumar Mehta.. Versa Networks has raised $313.35 million across 6 funding rounds from investors including SVB, Verizon and Liberty Global. The company has 305 employees as of April 01, 2024. Versa Networks operates in a competitive market with competitors including Zscaler, Netskope, Cradlepoint, Aryaka Networks and Cato Networks, among others.
- Headquarter Cupertino, United States
- Employees 305 as on 01 Apr, 2024
- Founders Apurva Mehta, Kumar Mehta
- Stage Minicorn
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Sectors
TechnologyTelecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Versa Networks India Private Limited
- Date of Incorporation 06 Dec, 2012
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$21.11 M (USD)20.26as on Mar 31, 2024
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Net Profit
$2.48 M (USD)86.43as on Mar 31, 2024
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EBITDA
$2.95 M (USD)15.34as on Mar 31, 2024
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Total Equity Funding
$313.35 M (USD)
in 6 rounds
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Latest Funding Round
$120 M (USD), Series D
Oct 27, 2022
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Investors
SVB
& 9 more
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Employee Count
305
as on Apr 01, 2024
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Software Development Team
64 people
Sales and Marketing
38 people
Senior Team
28 people
Principal Team
25 people
Leadership Team
24 people
Creative and Marketing Team
10 people
Lead Team
8 people
Systems Team
5 people
Unlock access to complete
Funding Insights of Versa Networks
Versa Networks has successfully raised a total of $313.35M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $120 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $120.0M
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First Round
First Round
(26 Nov 2012)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Debt – Conventional - Versa Networks | Valuation |
investors |
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| Oct, 2022 | Amount | Series D - Versa Networks | Valuation | BlackRock | |
| Jun, 2021 | Amount | Series D - Versa Networks | Valuation | Princeville Capital , RPS Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Versa Networks
Versa Networks has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Verizon and Liberty Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech companies are funded through venture capital by Princeville Capital.
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Founded Year | Domain | Location | |
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Late-stage startups are targeted for investment by RPS Ventures.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Versa Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Versa Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Versa Networks Comparisons
Competitors of Versa Networks
Versa Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zscaler, Netskope, Cradlepoint, Aryaka Networks and Cato Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cybersecurity and zero trust solutions are delivered for secure networks.
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| domain | founded_year | HQ Location |
Cloud security solutions are delivered for enterprise visibility and protection.
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| domain | founded_year | HQ Location |
Cloud-based network infrastructure for IoT applications is provided.
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| domain | founded_year | HQ Location |
Unified SASE solutions are delivered for enterprise connectivity and security.
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| domain | founded_year | HQ Location |
Cloud network security management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Enterprise SD WAN network management solutions are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Versa Networks
Frequently Asked Questions about Versa Networks
When was Versa Networks founded?
Versa Networks was founded in 2012.
Where is Versa Networks located?
Versa Networks is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
Who is the current CEO of Versa Networks?
Kumar Mehta is the current CEO of Versa Networks. They have also founded this company.
Is Versa Networks a funded company?
Versa Networks is a funded company, having raised a total of $313.35M across 6 funding rounds to date. The company's 1st funding round was a Series D of $84M, raised on Nov 26, 2012.
How many employees does Versa Networks have?
As of Apr 01, 2024, the latest employee count at Versa Networks is 305.
What is the annual revenue of Versa Networks?
Annual revenue of Versa Networks is $21.11M as on Mar 31, 2024.
What does Versa Networks do?
Versa Networks was founded in 2012 and is headquartered in Cupertino, United States. Operations focus on the cybersecurity sector, where a cloud-based platform is utilized to deliver SASE solutions. SD-WAN and SD security services are provided across networks, allowing virtual network functions to be deployed cost-effectively. Real-time analytics are integrated to enable control, visibility, predictive insights, and operational feedback loops.
Who are the top competitors of Versa Networks?
Versa Networks's top competitors include Zscaler, Cradlepoint and Netskope.
Who are Versa Networks's investors?
Versa Networks has 10 investors. Key investors include SVB, Verizon, Liberty Global, BlackRock, and Princeville Capital.
What is Versa Networks's valuation?
The valuation of Versa Networks is $700M as of Jun 2021.
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