Ananda Networks

Cloud-based Secure Global Local Area Network

Cyber Security
Acquired (Inactive) by VMware on Nov 2022 - closed due to acquisition

Company Overview

Snapshot

Founded in October 2018 by Adi Ruppin and Elad Rave, Ananda Networks operates with 1–10 employees. The company raised $6 million across one funding round from 9 investors, with MizMaa Ventures as a lead investor. In November 2022, Ananda Networks was acquired by VMware.

Business overview

Ananda Networks provides a cloud-based secure global local area network solution, enabling organizations to establish private networks that connect users, devices, and services across offices, remote locations, and cloud environments. Its technology aims to simplify network management and economics, offering an alternative to complex legacy solutions like VPN, MPLS, and SD-WAN. The company serves enterprises and professional services, focusing on the Cyber Security sector, particularly in Network & Infrastructure Security and Cloud Security, leveraging Artificial Intelligence and Machine Learning.

Strategic signal

In November 2022, Ananda Networks was acquired by VMware, a move that signals a strategic integration of its secure global LAN technology into a larger enterprise solution portfolio. This acquisition highlights the increasing demand for robust and simplified networking solutions that can support distributed workforces and multi-cloud environments, validating Ananda Networks' approach to reinventing networking for the modern enterprise.

Company Intelligence Q&A

What is Ananda Networks' primary focus?
Ananda Networks specializes in providing a cloud-based Secure Global Local Area Network, designed to connect users, devices, and services across various locations and cloud environments with the simplicity and economics of a traditional LAN.
When was Ananda Networks founded and by whom?
Ananda Networks was founded in October 2018 by Adi Ruppin and Elad Rave.
What was a significant corporate milestone for Ananda Networks?
In November 2022, Ananda Networks was acquired by VMware, integrating its technology into VMware's offerings.
How much capital did Ananda Networks raise?
Ananda Networks raised $6 million across one funding round. MizMaa Ventures was a lead investor in this round.
What problem does Ananda Networks aim to solve for its customers?
Ananda Networks aims to help organizations manage their distributed workforce needs by connecting remote teams to development environments and employees to SaaS applications, thereby increasing performance and security while replacing complex and expensive legacy networking solutions.

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