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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People of Versa Networks
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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
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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.
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.
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Tech companies are funded through venture capital by Princeville Capital.
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Late-stage startups are targeted for investment by RPS Ventures.
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Sequoia Capital is engaged in venture capital investments.
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Investor details for Versa Networks
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Investments & Acquisitions by Versa Networks
Investment portfolio details for Versa Networks
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Financial Statements - Versa Networks
Detailed financials for Versa Networks
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Versa Networks Comparisons
Peer comparison for Versa Networks
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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.
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Cybersecurity and zero trust solutions are delivered for secure networks.
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Cloud security solutions are delivered for enterprise visibility and protection.
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Cloud-based network infrastructure for IoT applications is provided.
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Unified SASE solutions are delivered for enterprise connectivity and security.
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Cloud network security management software is offered for enterprises.
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Enterprise SD WAN network management solutions are provided globally.
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Detailed competitors of Versa Networks
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Latest news on Versa Networks
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Frequently Asked Questions about Versa Networks
Versa Networks was founded in 2012.
Versa Networks is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
Kumar Mehta is the current CEO of Versa Networks. They have also founded this company.
Versa Networks is a funded company, having raised a total of $313.35M across 6 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Versa Networks is 305.
Annual revenue of Versa Networks is $21.11M as on Mar 31, 2024.
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.
Versa Networks's top competitors include Zscaler, Cradlepoint and Netskope.
Versa Networks has 10 investors. Key investors include SVB, Verizon, Liberty Global, BlackRock, and Princeville Capital.
The valuation of Versa Networks is $700M as of Jun 2021.