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Viptela Named Top Pre-IPO Company in Clouded Leopards Den 2015 Competition

Viptela Inc., the Software-Defined WAN company, today announced that it has been named the top pre-IPO company in the Clouded Leopards Den 2015 competition, which recognizes startups with market changing technologies. Finalists were selected by a panel venture capitalists, technology innovators and industry luminaries, including event chairman Dr. Bob Metcalfe, inventor of Ethernet and Professor of Innovation at The University of Texas.

Viptela was also recently named one of the Next Billion Dollar Startups by Forbes and a Gartner Cool Vendor in enterprise networking.

Dr. Metcalfe of the University of Texas at Austin said, “The winners of the 2015 Clouded Leopards Den competition are inventing the future. We salute all the nominees and finalists for their vision and creativity, and look forward to seeing all of these companies move on to future greatness.”

The Viptela Secure Extensible Network (SEN) product enables large enterprises to centrally manage and secure multiple networks and transport technologies as if they were a single system. Since introducing SEN in 2014, healthcare, retail and financial organizations have deployed Viptela to address the cost, complexity and flexibility shortcomings of legacy wide area network (WAN) infrastructures. In addition, several Tier-1 carriers have selected SEN to provide SD-WAN managed services to their business customers.

“Being recognized as the top pre-IPO company for the Clouded Leopards Den award provides further validation for the market opportunity that Viptela is addressing and the value our technology provides to both enterprises and carriers,” said Amir Khan, CEO of Viptela. “Viptela’s software defined approach to solving wide area networking challenges is positioned to reshape the industry.”

The Clouded Leopards Den competition took place at the NetEvents Global Cloud Innovation Summit at the Corinthian Yacht Club, Tiburon, San Francisco on April 23. Lloyd Noronha, director of marketing for Viptela, presented a “Shark Tank” elevator pitch to a panel of judges that included Jim Lussier, Managing Director and Head of Dell Ventures; Janice Roberts, Partner in Benhamou Global Ventures; Dan Scheinman, an angel investor in high-growth emerging tech companies; and Murli Thirumale, Co-Founder and CTO of Portworx Inc.

The Clouded Leopards Den 2015 prize is sponsored by OpenCloud Connect (OCC), a global industry alliance founded in May 2013 to address the need for scaling and enhancing Ethernet technology to meet the stringent demands of delivering cloud services.

Previously known as the Cloud Ethernet Forum, the OCC is creating an open test and iterative standards development program for service providers, industry vendors and over-the-top cloud service providers and includes a dedicated proof of concept test laboratory based in Silicon Valley, to provide ongoing testing and support for the iterative development of OCC’s CloudE 1.0 open cloud framework.

Published Tuesday, April 28, 2015 6:37 AM by David Marshall
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