New Regional Headquarters in Research Triangle Park Allows Company to Meet Strong Demand for SD-WAN Solution
SAN JOSE, California and RALEIGH, North Carolina – June 15, 2016 – CloudGenix, the software-defined wide-area network (SD-WAN) leader, today announced that it has extended its U.S. footprint with a new office in Research Triangle Park (RTP). The location serves as the East Coast headquarters for the company’s growing sales and operations teams, positioning CloudGenix to meet the strong demand for its innovative SD-WAN technology.
CloudGenix is radically changing how networks are built and managed. Its Instant-On Networks (ION) product family delivers an application-defined fabric that eliminates the need for hardware routers. Unlike providers of incremental, hybrid-WAN-only alternatives, ION delivers the cloud without compromise to the remote office, ensures high performance for transactional and rich media applications over a hybrid-WAN, and virtualizes the branch – truly delivering on the promise of a software-defined WAN. Enterprises that choose CloudGenix ION eliminate complex networking configurations, reduce WAN costs by over 70 percent, and experience unparalleled performance and availability for data center and cloud applications.
Industry analysts and enterprises in all verticals have taken note of the cost and performance benefits of SD-WAN compared with those of traditional hardware-based WANs. Gartner predicts that 30 percent of enterprises will use SD-WAN technology in all their branches by the end of 2019 — up from 1 percent in 2015.
As the largest research park in the country, RTP is an ideal location for the CloudGenix East Coast headquarters. It is considered a top-ranked tech hub for startups, and, with a number of universities nearby, there is a steady, untapped pipeline of new talent. Led by Regional Vice President Matthew Phillips, CloudGenix East serves as a home base for the company’s regional sales team and its global sales operations team. Phillips himself has more than a decade of experience in technology sales. More recently, he worked at global IT leader EMC, where he established the company’s emerging technology division in RTP.
“Enterprises in a range of verticals are rapidly adopting CloudGenix SD-WAN to gain cost and performance benefits that rigid, hardware-based WANs simply can’t deliver,” said Phillips. “With our new East Coast headquarters, CloudGenix is working toward meeting the demand created by our innovation. I’m excited to help bring a market disruptor to the region, and to join the team that is driving a shift in the long-stagnant networking market.”
CloudGenix is the software-defined wide-area network (SD-WAN) leader, revolutionizing networking by transforming legacy WANs into a radically simplified, secure, application-defined fabric and virtualizing heterogeneous underlying transports into a unified hybrid WAN. Enabling application-specific, service-level agreements (SLAs), CloudGenix controls network application performance based upon application-performance SLAs and business priority. CloudGenix ION (Instant-On Network) radically simplifies how WANs are designed and managed, enabling customers to build “networks without networking,” and achieve more than twice the performance at less than half the cost — leading to a much faster time-to-value once deployed — and extending data center-class security to the network edge. Founded in 2013 by a team that has previously delivered industry-leading products in networking, SDN, cloud, security and web-scale applications, CloudGenix serves world-class financial services, legal, retail and technology organizations. The company is backed by Bain Capital Ventures, Charles River Ventures and the Mayfield Fund and has headquarters in San Jose, California.