Versa Networks Selected as Finalist for RSA Conference Innovation Sandbox Contest 2016

Versa Recognized for Innovation in Virtualizing Network Security to Address the Primary Challenges of Service Providers and Large Enterprises in Delivering Robust Security for Branch Offices

Santa Clara, Calif., February 3, 2016

Versa Networks, a networking and security startup providing next-generation WAN and branch solutions for service providers and enterprises, today announced that is has been named one of 10 finalists for RSA® Conference Innovation Sandbox Contest 2016 for its innovative work in leveraging Network Function Virtualization (NFV) to address the increasing challenges that service providers and large enterprises face in delivering robust security for branch office sites. On Monday, February 29, 2016, Versa Networks will have the opportunity to showcase its innovative information security technology to the Innovation Sandbox Contest panel of judges for a chance to be named “RSAC Most Innovative Startup 2016.”

Innovation Sandbox Contest promotes new approaches to information security technology, provides advice and counsel for entrepreneurs, and exposes the RSA Conference community to venture capitalists, industry experts, senior level business practitioners and thought leaders.

“It’s no secret that past winners of this honor have become successful additions to the information security industry, and there’s no doubt this year’s crop of finalists will produce another hit,” said Sandra Toms, vice president and curator for RSA Conferences. “This event gives startups the kind of visibility and validation that can easily turn into high growth and increased funding, which we expect to continue with this year’s top 10.”

About Versa VNF Portfolio

Versa FlexVNF allows service providers and large enterprises to transform the WAN and branch network to achieve unprecedented business advantages. Versa’s software-based approach provides unmatched agility, cost savings and flexibility vs. traditional security and network hardware. For service providers, Versa FlexVNF enables next-generation managed services for branch security, virtual customer premises equipment (vCPE), and managed software-defined WAN (SD-WAN). For enterprises, the software provides carrier-grade solutions for SD-WAN and branch security projects.

Versa Director is a platform that simplifies the creation, automation and delivery of security and network services using Versa FlexVNF software. The platform provides the essential management and orchestration capabilities needed to deliver Versa VNF-based network and security services for a variety of use cases, including branch security, virtual CPE (vCPE) and SD-WAN. Security and network functions managed by Versa Director range from basic connectivity to branch security to SD-WANs with layered security.

Versa Analytics is a real-time big data solution purpose-built for Versa FlexVNFs and the managed services and enterprise WANs they are deployed in. The software provides visibility and control, base lining, correlation, prediction and a feedback loop into all Versa VNFs. Additionally, Versa Analytics provides real-time and historical search and can generate reports on usage patterns, trends, security events and alerts. It analyzes the vast amounts of historical data sent from Versa VNFs to find and present critical data points, resulting in actionable analytics and reports. Tight native integration with Versa VNFs ensures optimized storage, search results and system performance.

“The amount of data breaches we’re seeing at the branch level is alarming,” said Kumar Mehta, CEO and Co-Founder of Versa Networks. “We believe the Versa offering, based on virtualized security functions, gives service providers and enterprises the ability to deliver highly flexible and layered security solutions with key capabilities like next-generation firewall, secure web gateway and unified threat management to better protect branch offices from today’s advanced threats.”

“RSAC Most Innovative Startup 2016” will be determined at the conclusion of Innovation Sandbox Contest after each finalist gives a short presentation to a panel of judges that includes Asheem Chandna, partner at Greylock Partners; Gerhard Eschelbeck, vice president of security and privacy engineering at Google; Renee Guttman, chief information security officer for Royal Caribbean International; Patrick Heim, head of trust and security at DropBox; and Paul Kocher, president and chief scientist of cryptography research division at Rambus.

Additional information about “RSAC Most Innovative Startup 2016” and Innovation Sandbox Contest can be found at: http://www.rsaconference.com/events/us16/agenda/innovation-sandbox-contest

Availability

Versa VNF solutions are available now.

About RSA Conference

RSA® Conference is the premiere series of global events where the world talks security and leadership gathers, advances and emerges. Whether attending in the U.S., the EMEA region, or the Asia-Pacific region, RSA Conference events are where the security industry converges to discuss current and future concerns and get access to the people, content and ideas that help enable individuals and companies to win, grow and do their best. It is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking thinkers and leaders in security today. For information on events, online programming and the most up-to-date news pertaining to the information security industry visit www.rsaconference.com.

About Versa Networks

Versa Networks, the leader in SASE, combines extensive security, advanced networking, industry leading SD-WAN, genuine multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers, and via the simplified Versa Titan cloud service designed for Lean IT. Thousands of customers globally with hundreds of thousands of sites trust Versa with their networks, security, and clouds. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, Liberty Global Ventures, Princeville Capital, RPS Ventures and Triangle Peak Partners. For more information, visit https://www.versa-networks.com or follow Versa Networks on Twitter @versanetworks.