Loading organizations...
§ Private Profile · Mountain View, CA, USA
VeloCloud is a technology company.
VeloCloud delivers a Software-Defined Wide Area Network (SD-WAN) solution, establishing an intelligent and programmable overlay network. This technology optimizes and secures connectivity for distributed enterprise locations, from central data centers to diverse edge environments. Its core capabilities include Dynamic Multipath Optimization, which ensures reliable application performance over various network conditions, and robust orchestration for centralized management of edge devices and services, supporting real-time application prioritization and efficient edge workload execution.
The company was founded in 2012 by Sanjay Uppal, Steve Woo, and Ajit Mayya. Their foundational insight recognized the burgeoning need for enterprises to simplify wide area network management and enhance application performance and reliability across varied connections through a cloud-delivered SD-WAN architecture. This approach aimed to provide more agile and resilient connectivity for businesses navigating increasingly complex network demands.
VeloCloud’s product serves enterprises with distributed operations, communication service providers, and organizations seeking optimized and secure connectivity for edge computing and cloud applications. The company’s long-term vision centers on assuring and optimizing connectivity for all edge devices and workloads as part of Broadcom’s Software-Defined Edge division. This includes extending secure networking to remote locations and enabling advanced edge computing applications, thereby ensuring consistent performance and availability across the entire software-defined edge.
VeloCloud has raised $105.0M across 4 funding rounds.
VeloCloud has raised $105.0M in total across 4 funding rounds.
VeloCloud has raised $105.0M across 4 funding rounds. Most recently, it raised $35.0M Series D in March 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2017 | $35M Series D | Bobby Yerramilli RAO | Clearstone, March Capital, Neotribe Ventures, Cisco Investments, Khazanah Nasional Berhad, NEW Enterprise Associates, Mark Sherman, Venrock | Announced |
| Jan 1, 2016 | $27M Series C | — | Clearstone, Marathon Venture Capital, March Capital, Matrix, Neotribe Ventures, Woodside Financial Group, Georgios Papadopoulos, Jonathan Siegel, Sriram Ramachandran | Announced |
| Jun 17, 2014 | $21M Venture Round | Doug Dooley | Swaroop Kolluri | Announced |
| Jun 1, 2014 | $22M Series U | — | Marathon Venture Capital, March Capital, Matrix, Neotribe Ventures, Woodside Financial Group, Georgios Papadopoulos, Jonathan Siegel, Sriram Ramachandran | Announced |
VeloCloud is a portfolio company specializing in cloud-delivered SD-WAN (software-defined wide-area networking) technology, which optimizes enterprise connectivity by aggregating multiple network links, steering traffic in real-time via Dynamic Multi-path Optimization (DMPO), and ensuring application performance across distributed locations.[1][2] It serves mid-to-large enterprises and global telecommunications providers like AT&T, Deutsche Telekom, Sprint, and Telstra, solving the problem of rigid, expensive MPLS circuits by delivering flexible, cost-effective WAN alternatives that support cloud adoption and branch office virtualization.[3][4] Following rapid early growth with over 1,000 customers by 2017 and $84 million in funding, VeloCloud has endured multiple acquisitions—VMware in 2017 (~$450-500M), Broadcom via VMware in 2023, and Arista Networks in 2025—demonstrating resilient demand amid ownership instability, with its technology now poised for AI-enhanced networking integration.[1][2][4][6]
VeloCloud Networks was founded in November 2012 by Sanjay Uppal (CEO), Ajit Maya (VP of Engineering), and a third co-founder, targeting pain points in enterprise WAN connectivity dominated by costly MPLS setups.[1][3] The idea emerged from recognizing the need for a pure-play, cloud-delivered SD-WAN architecture that could handle diverse links and real-time optimization, launching its product in July 2014 with initial focus on mid-to-large enterprises for quick adoption.[3] Early traction was strong, attracting investors (including future rival Cisco) and telecom giants, leading to VMware's acquisition in late 2017 for an estimated $449–$499 million, which doubled its customer base despite cultural clashes.[1][4] Pivotal moments included surviving VMware's 2021 spin-out, Broadcom's 2023 buyout prioritizing virtualization over networking, and Arista's 2025 acquisition (rumored ~$1B, closing June 30), marking a shift toward datacenter and AI synergy.[2][6]
VeloCloud rides the SD-WAN and SASE (secure access service edge) wave, accelerated by enterprise cloud migration, remote work, and AI-driven infrastructure demanding low-latency, distributed networking.[1][2][5] Timing is ideal post-2025 Arista acquisition, as Broadcom's divestiture frees the platform from virtualization misalignment, aligning it with datacenter growth and AI workloads where high-performance switching meets WAN edge needs.[2][6] Market forces like declining MPLS costs and rising broadband/multi-link adoption favor its model, while it influences the ecosystem by reactivating customers wary of instability, fostering partner innovation (e.g., Coevolve's global deployments) and pushing "software-defined edge" standards.[1][6]
Under Arista, VeloCloud enters a stable, innovation-focused era, integrating SD-WAN with AI-enhanced networking, EOS switches, and open ecosystems to dominate distributed AI infrastructure.[2][6] Trends like edge computing, multi-cloud proliferation, and AI traffic surges will amplify its DMPO strengths, potentially expanding into unified campus/WAN platforms. Its influence may evolve from SD-WAN pioneer to core enabler of resilient, intelligent overlays, rewarding a customer base that endured turbulence with long-term leadership in the software-defined edge—echoing its 2012 vision of flexible connectivity amid today's AI shift.[1][2]
VeloCloud has raised $105.0M in total across 4 funding rounds.
VeloCloud's investors include Bobby Yerramilli-Rao, Clearstone, March Capital, Neotribe Ventures, Cisco Investments, Khazanah Nasional Berhad, New Enterprise Associates, Mark Sherman, Venrock, Marathon Venture Capital, Matrix, Woodside Financial Group.