Company Name: Aryaka
The Lowdown: Aryaka, which was founded in 2008, offers WAN optimization-as-a-service, claiming its cloud-based WAN op platform can deliver less than 20 millisecond latency for 90 percent of the world's users of business Internet. A hotshot startup whose executive team features a number of Akamai alumni, Aryaka uses various techniques, from proxy servers to redundancy removal, over its own private network to power its service. In May 2011, it completed a rollout of 25 points of presence throughout the world, and in June, confirmed a $15 million Series B financing round in hopes of keeping its momentum going. Founder and CEO Ajit Gupta recently told CRN that the WAN op market is moving away from hardware appliance-based solutions toward the as-a-service delivery model, and Aryaka wants to work with VARs, referral agents, IaaS providers and service providers to grow its footprint.