Aviatrix raises $200 Million at $2 Billion Valuation for Tech Industry

Aviatrix is a cloud network platform for multi-cloud networking. It helps companies to simplify and automate network security and operational visibility. Aviatrix aims to accelerate companies’ transformation to the cloud.

The funding round Series E was led by TCV. Besides, CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital, and TrueBridge Capital Partners also made investments. Among new investors were Insight Partners and Tiger Global. “Aviatrix’s ability to quickly deliver enterprise customer value and establish itself as mission-critical in these large organizations is both impressive and indicative of long-term growth.” – said Tim McAdam, general partner at TCV.

Aviatrix was founded in 2013 by Sherri Wei, who had previously worked at Cisco. Now, Sherry Wei is a Chief Technology Officer. The CEO of the Aviatrix is Steve Mullaney. Aviatrix, headquartered in San Francisco, has more than 500 customers around the world. The recent fundings will be used for the sale increase and future operations support.

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