Versa Networks raises $84M to support new sales and marketing initiatives for the SASE market

2021-07-01 23:15

According to Gartner, the SASE market is expected to grow at a CAGR of 42 percent, reaching almost $11 billion, with at least 40 percent of enterprises having SASE adoption strategies in place by 2024.

In recent global research it was revealed that more than two thirds of organizations couldn't correctly define SASE. To raise awareness within the market on SASE and the benefits it can bring to organizations, Versa will use its new funding to invest in driving global educational marketing and sales campaigns, as well as further supporting its partner communities to spread the message to enterprises across the globe.

"We are the only company that offers a fully integrated SASE solution. We saw the opportunity in the market and have been providing enterprises around the world with a truly modern secure network for five years, so it is exciting that the rest of the industry now recognizes the real value and benefits that SASE can provide."

Versa SASE provides a comprehensive SASE solution within an integrated software stack, hardware-agnostic, software-only offering that scales seamlessly to provide SASE services via the cloud, on-premises, or as a blended combination of both.

Gartner has identified Versa SASE as having the most SASE components out of all 56 vendors Gartner evaluated.

Enterprise Management Associates also found that Versa SASE has the most SASE supported functions, as published in its recent industry report.

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