Bigleaf Brings in Successful Funding Round

January 17, 2018

By Maurice Nagle, Web Editor

As SD-WAN continues its meteoric rise to the mainstream, opportunities mount for service providers. With opportunity and innovation on the rise, this arena is garnering much in the way of attention. And, a space that was once startup riddled is rather quickly becoming a packed house backed by billions in venture capital.

This week, SD-WAN Expo Gold Sponsor Bigleaf Networks announced a successful round of funding with an influx of $4.9 million coming from GoAhead Ventures, Seattle Angel Fund, Oregon Angel Fund and Portland Seed Fund.

Takeshi “TK” Mori, Managing Partner of GoAhead Ventures noted, “While the SD-WAN market has grown quickly with several entrants, Bigleaf’s vision of using SD-WAN to build connectivity to cloud applications and services stands out. After interviewing several Bigleaf customers and partners, it was obvious that there is market demand and Bigleaf is delivering strong value.”

Bigleaf has big plans for the cash, as it intends to build out efforts across the board – from technology development and global network expansion, to operations as well as sales and marketing. These aren’t Bigleaf’s only plans for change, as it will name Takeshi “TK” Mori to and Bigleaf co-founder Jeff Burchett to its board of directors.

“This marks a significant step forward for us,” said Joel Mulkey, Founder and CEO of Bigleaf. “While I’m impressed with how well our team has executed over the past few years, I know we can do much more. This funding gives us the resources needed to serve our customers and partners better, at larger scale, in new geographies, and with new features and offerings.”

Next month’s SD-WAN Expo at the Broward County Convention Center in Fort Lauderdale, Florida offers Bigleaf CEO Joel Mulkey a chance to share his insights with attendees. Mulkey joins moderator Paula Bernier, Aryaka Networks CMO Gary Sevounts and XRoads Networks Daren French (News - Alert) on the panel discussion, “Network Evolution in the Cloud Age.” Is it time to migrate to a next generation WAN? Join us to learn more.

What’s in your WAN?

Edited by Mandi Nowitz