Intel Capital funding to accelerate product and go-to-market expansion
San Jose, CA – May 8, 2018 – CloudGenix, a leader in Software-Defined Wide Area Networking (SD-WAN) today announced an investment from Intel Capital to drive the software-based transformation of networks. CloudGenix delivers Intel server-based networking software that eliminates the need for proprietary hardware routers, freeing customers from expensive router upgrade cycles and vendor lock-in. CloudGenix software leverages high performance Intel platforms to deliver cloud, Software-as-a-Service (SaaS), unified communications, and data center applications with outstanding user experience and security over any network.
CloudGenix AppFabric is transforming how networks are built – unlike hardware routers that rely on “Layer 3” or network information alone, CloudGenix uses “Layer 7” through “Layer 3” or application and network intelligence to build and operate WANs. Administrators specify powerful application-specific policies for performance, security, and compliance that directly reflect business and IT intent. CloudGenix AppFabric builds a network that enforces those application-specific policies in real-time, regardless of where the applications are deployed, whether in the data center, cloud or SaaS. While some hardware routers are dependent on the network type, CloudGenix AppFabric delivers an outstanding user experience on any network type – internet broadband, MPLS or LTE.
Kumar Ramachandran, CEO of CloudGenix, said, “We chose Intel for our architecture to deliver transformative networking solutions based on application and network intelligence. As enterprises across all verticals adopt CloudGenix AppFabric, the investment by Intel Capital further accelerates our product and go-to-market expansion plans.”
Intel® architecture yields numerous benefits for customers when deployed in the WAN. Proprietary hardware routers are limited to Layer 3 or packet-only approaches because they lack the architecture and horsepower to deliver application and network intelligence-based WANs with compelling economics.
“SD-WAN is an emerging market that delivers improved performance, reduced costs and flexibility by delivering a software defined virtualized server capable of managing WAN Connectivity and a wide variety of enterprise services”, said Dan Rodriguez, Vice President, Network Platforms Group and General Manager, Communications Infrastructure Division at Intel. “We believe enterprises can benefit from this capability today. CloudGenix provides a powerful architecture and software-based solution to deploy applications to remote offices without the expenditure of traditional fixed function appliances.”
The CloudGenix AppFabric is generally available. For more information, please visit https://www.cloudgenix.com.
About Intel Capital
Intel Capital invests in innovative startups targeting artificial intelligence, autonomous driving, workload accelerators, 5G connectivity, virtual reality and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US $12.3 billion in over 1,530 companies worldwide, and more than 660 portfolio companies have gone public or been acquired. Intel Capital curates thousands of business development introductions each year between its portfolio companies and the Global 2000. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.
CloudGenix (www.cloudgenix.com) is a software-defined wide-area network (SD-WAN) leader, transforming legacy hardware WANs into a software-based, application-defined fabric. Using CloudGenix software, customers deploy cloud, unified communications and data center applications to remote offices over broadband networks with high performance and security. CloudGenix customers experience up to 70 percent WAN costs savings, an improved user experience for their applications, and more than 10x improvements in application and network uptime.