Congratulating CloudGenix On Its $420M Acquisition By Palo Alto Networks

2 min read May 5, 2020
News

Today, Palo Alto Networks closed its $420M acquisition of CloudGenix, an industry leader in software-defined wide-area network (SD-WAN).

I have had the privilege of knowing Cloudgenix’s Founder and CEO Kumar Ramachandran for several years, having joined the board after my initial investment in 2014. I was confident then in his experience, leadership, and incredible drive, as well as CloudGenix’s proven product and go-to-market strategy. CloudGenix could see the demand for large enterprises to implement SD-WAN in order to effectively manage a complex, multi-cloud strategy, and capitalized on it; creating a best-in-class solution that autonomously tailors to each enterprise’s specific security and networking needs.

Fast forward several years, and my confidence in Kumar, the team he’s built, and the award-winning product, has never been stronger. Just last year, CloudGenix announced a 300% year-over-year growth, as large enterprises made the switch from legacy incumbents, and we continued our commitment by leading a $65M investment. And today, as we all are navigating through this period of uncertainty and millions have been forced to work remotely, the need for an effective WAN to supply a secure network across a largely distributed workforce, has never been greater.

Palo Alto’s acquisition

Congratulations again to the entire team at Cloudgenix, we could not be prouder to have been a part of your journey since the early days and cannot wait to see how you continue to revolutionize the networking industry.

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