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Ananda Networks Comes Out of Stealth with $6M in Seed Funding

By CIO Applications| Monday, August 24, 2020
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Led by Adi Ruppin, co-founder and CEO, Ananda Networks has launched the Ananda Secure Global LAN (SG-LAN), a cloud-managed service that enables organizations to create their own private networks, connecting any users, devices, and cloud services anywhere with speed and security.

Fremont, CA: Ananda Networks, a San Francisco, CA-based provider of a cloud-managed service that allows organizations to create their own private networks, closed $6m in seed funding.

Investors included Gefen Capital, MizMaa Ventures, Citrix Systems, J-Ventures, Cyber Mentor Fund, GreatPoint Ventures, South Korean cybersecurity firm Jiran, and individual investors. The company intends to use the capital to expand operations and its business reach.

Led by Adi Ruppin, co-founder and CEO, Ananda Networks has launched the Ananda Secure Global LAN (SG-LAN), a cloud-managed service that enables organizations to create their own private networks, connecting any users, devices, and cloud services anywhere with speed and security.

Customers can utilize the network for all their distributed workforce needs, such as connecting remote engineering teams to development environments on-prem or on multiple clouds, connecting employees to SaaS applications for increased performance and security, and replacing complex and expensive MPLS, VPN, SD-WAN, and other legacies, centralized solutions.

“We are seeing a generational shift toward a fully distributed workforce. However, while the world has changed, our network hasn’t. To meet their connectivity and security challenges, organizations have to put band-aid over band-aid, while experiencing lower performance and security with higher cost and complexity. Ananda is rebuilding the network from the ground up to solve the core problem rather than its symptoms,” said Adi Ruppin, co-founder and CEO of Ananda Networks. “We are proud to be able to help people and organizations stay connected in these difficult times and to enjoy the highest level of speed, security, and simplicity, as if they are all on the same local area network. By doing so, we are realizing our mission to bring the world network bliss!”

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