Versa Networks is a technology company which offers Secure Access Service Edge (SASE) and Software-Defined Wide Area Network (SD-WAN) solutions to enterprises and service providers. The platform integrates networking and security services into a unified cloud-native architecture. By combining SD-WAN, security, and edge compute capabilities, Versa Networks aims to simplify network management and enhance security for distributed organizations. This company was founded by Kumar Mehta and Apurva Mehta in 2012 and is headquartered in Santa Clara, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/27/2024 | Series F | $90MM | $xx.xx | $145.61B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
20,053,474
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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10/22/2022 | Series E | $75MM | $xx.xx | $86.71B | Blackrock | |
Price per Share
$xx.xx
Shares Outstanding
25,699,689
Liquidation Pref Order
2
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
12.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock
|
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06/30/2021 | Series D | $84.05MM | $xx.xx | $71.42B | Princeville Capital, Rps Ventures, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
28,835,608
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Princeville Capital, Rps Ventures, Sequoia Capital
|
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11/08/2017 | Series C-2 | $32.9MM | $xx.xx | $62.31B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
12,138,862
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
12/23/2016 | Series C | $36.08MM | $xx.xx | $43.12B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
16,975,783
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
11/10/2014 | Series B | $29MM | $xx.xx | $11.76B | Artis Ventures, Mayfield Fund, Sequoia Capital, Verizon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
33,333,333
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, Mayfield Fund, Sequoia Capital, Verizon Ventures
|
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11/27/2012 | Series A | $14.35MM | $xx.xx | $3.19B | Artis Ventures, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
41,000,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, Sequoia Capital
|