Versa Networks Raises $120 Million in Pre-IPO Funding Round


The round, which brings the total raised by the company to nearly $320 million, was led by BlackRock, with participation from Silicon Valley Bank (SVB). The investment will be used to expand go-to-market strategies and enhance the company’s offering.

Versa SASE offers security, networking, and analytics in a single software operating system. The solution is designed to help enterprises secure application and user connectivity, and improve application performance and reliability.

The platform delivers SD-WAN, next-generation firewall, unified threat management, secure web gateway, zero trust network access, cloud access security broker, data loss prevention, user and entity behavior analytics, and remote browser isolation.