Thursday, July 12, 2018

Viptela's Kingpins Have a New Stealth Startup

Less than a year after joining @Cisco as part of the $610 million acquisition of #Viptela, several key #SDWAN specialists have jumped ship to form a new tech startup backed by two of the biggest VC names in Silicon Valley, @SequoiaCapital and @KleinerPerkins Caufield & Byers. The startup is San Jose, Calif.-based @Alkira, which was founded in May this year. The company is keeping its plans and the extent of its funding secret currently, revealing only the identities of its backers:  But what's clear is that Alkira is building a team around some of the key personnel who: Founded Viptela in 2012 Attracted funding from Sequoia (usually a sign that a startup is doing something funky) Built one of the SD-WAN sector's leading players Eventually attracted a bid of $610 million from Cisco in May 2017, with the deal closing in August when Viptela became part of the giant vendor's Enterprise Routing Team within the Networking and Security unit. (See Cisco Snaps Up Viptela, Cisco Looks to $610M Viptela Acquisition to Simplify SD-WAN and One to Watch: Viptela.) What's also clear is that Cisco has now lost some of the human resource smarts it paid for just last year. The individuals who joined Cisco as part of the Viptela deal but who have now cleared their desks are:

https://www.lightreading.com/carrier-sdn/sd-wan/viptelas-kingpins-have-a-new-stealth-startup/d/d-id/744653?_mc=RSS_LR_EDT

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