Aarna Networks intends to utilise the funds to hire additional engineering talent and to expand its sales efforts.
Aarna Networks, one of the leading Software Companies in the 5G and Edge computing application management space has secured $3.5 Million in seed funding from SVQuad Ventures, with participation from Inventus Capital, RiSO Capital and Arka Ventures, in addition to other Industry veterans from Silicon Valley. Aarna Networks intends to utilise the funds to hire additional engineering talent and to expand its sales efforts.
Aarna Networks is an open-source software company creating a platform for orchestration, lifecycle management, and automation of 5G network services and edge computing applications. Its flagship product, AMCOP (Aarna Networks Multi-cluster Orchestration Platform), automates cloud-native 5G network services and edge computing applications using intent-based orchestration, lifecycle management, and real-time closed-loop automation.
“This investment is a huge validation of our strategy and execution, and it will help us accelerate the development of our product, which will be available as a licensed product as well as a SaaS offering. This will also allow us to concentrate on new possibilities and opportunities” said Amar Kapadia, Co-founder and CEO of Aarna Networks.
“5G and edge computing are a once-in-a-generation opportunity. Aarna Networks is well positioned to take advantage of this opportunity and we are excited to be part of their journey. Aarna’s focus on the management plane provides a unique value proposition,” said Kanwal Rekhi, Founding Managing Director at Inventus Capital and partner at Silicon Valley Quad (SVQ).
“With a world-class Engineering team located in India working on cutting-edge technologies like Cloud, Kubernetes, and 5G Core/RAN Management and Orchestration, this investment will enable us to grow our team and provide more value to our customers through our products” said Sriram Rupanagunta , Co-founder and SVP, Engineering.
“We are impressed with the technical depth and market awareness of the Aarna Networks engineering and product team. At SVQ we look forward to working with the Aarna team as they innovate on key 5G, edge computing, multi cloud, Kubernetes, and O-RAN related concepts and fitting these solutions to different markets to help solve critical problems for customers. We believe Aarna will play a very important role in the industry as 5G proliferation starts to happen in enterprises given its unique characteristics of low latency and other technology benefits,” said B.V. Jagadeesh, founder and managing partner of KAAJ Ventures in Silicon Valley and partner at SVQ
Source: Business World