Vyatta Secures $12 Million in Funding Led by HighBAR Partners
BELMONT, Calif., Nov. 15, 2011 /PRNewswire via COMTEX/ --
Vyatta, the leader in software-based networking for physical, virtual and cloud infrastructures, announced today it has completed a funding round of $12 million led by HighBAR Partners. Also participating in this round of funding are existing investors JPMorgan, Arrowpath Venture Partners and Citrix Systems.
HighBAR Partners specializes in infrastructure software and solutions companies, and Vyatta will leverage HighBAR's broad network and operational experience to accelerate customer adoption and acquisition worldwide.
"The networks for cloud architectures need the security, flexibility and elasticity of Vyatta's software-based approach, not the traditional 'black box' model of legacy vendors," said Roy Thiele-Sardina, Managing Partner at HighBAR Partners. "With Vyatta, HighBAR sees an opportunity to redefine how networks and datacenters are connected and secured."
The Vyatta Network OS is the industry's only complete routing and security solution engineered to run in all virtual environments. At a time when applications are being migrated to virtualized datacenters and the cloud, Vyatta is unique in enabling the network to offer the same elasticity and mobility as the application infrastructure it supports.
"Adoption of virtualized compute architectures has introduced a radical and highly disruptive demand for modern networking solutions, positioning Vyatta at the forefront to capitalize on this opportunity," said Kelly Herrell, CEO of Vyatta. "HighBAR's vast operational and industry expertise is a valuable asset we see driving additional growth for Vyatta."
Joining Vyatta's board of directors are HighBAR Managing Partners Roy Thiele-Sardina and John Kim. Vyatta will use the growth capital to scale its sales and engineering efforts to support its global leadership role in cloud networking and security.
The $12 million round of funding brings Vyatta's total funding to more than $45 million.
Vyatta is disrupting the networking industry by delivering a software-based network operating system that is portable to standard x86 hardware as well as common virtualization and cloud computing platforms. Vyatta software provides a complete enterprise-class routing and security suite capable of uniquely addressing the next-generation infrastructure requirements of flexibility, on-demand delivery and platform independence. Thousands of physical and virtual infrastructures around the world, from small enterprise to Fortune 500 customers, are connected and protected by Vyatta. For more information, please visit http://www.vyatta.com. Read Vyatta CEO Kelly Herrell's Blog "Opening The Networking Industry" and follow Vyatta on Twitter: @Vyatta.
About HighBAR Partners
HighBAR Partners is an Early Stage and Structured Growth Capital firm that helps align Management and Investors to build great companies. HighBAR invests in companies that develop infrastructure software and solutions and has a team of hands-on investors and operators who bring significant experience and strategic relationships to every project. The firm was originally founded in 1995 as a personal investment vehicle to channel its founders' passion for early stage investing. The founders, Bill Joy, Andreas Bechtolsheim and Roy Thiele-Sardiña, have deep roots in technology investing and a proven track record of building successful companies. HighBAR has evolved to focus on Structured Growth Capital investing, where the combination of capital investment and the Managing Partners' deep operating and financial expertise can rapidly drive success.
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