Million Dollar Babies: Cloud Startups Get Big Funding Bumps


Aryaka

Aryaka, a cloud WAN optimization-as-a-service startup took in a whopping $15 million in Series B funding this month, with investments from Trinity Ventures, Mohr Davidow Ventures and the round's leader, Nexus Venture Partners. The Milpitas, Calif.-based company said it will leverage the new-found funds to build out awareness of its SaaS-based WAN optimization platform, which the Aryaka claims offers less than 20 milliseconds of latency for 90 percent of the world's users of business internet. The $15 million Series B round comes after the three-year-old company received a funding boost of $14 million during a Series A round in September.