VERSA NETWORKS SELECTED TO THE “GSMA 100”
Versa Taking Leading Role in GSMA Initiative to Advance Next Generation of Connectivity and Digital Services
SAN JOSE, Calif., September 5, 2018 – Versa Networks, innovator of a next-generation software platform that integrates cloud, today announced that it has been named one of the first companies in the “GSMA 100,” a global innovation discovery initiative developed by the GSMA to identify and advance the next generation of connectivity and digital services. Comprised of the world’s most promising growth-stage companies and selected by mobile operators and investment partners, the GSMA 100 represents operator innovation priorities in key areas such as 5G and networking; artificial intelligence and machine learning; consumer experience; data and analytics; the Internet of Things; media and entertainment; and security, among others.
“Congratulations to Versa Networks for their selection into the GSMA 100. The GSMA 100 is designed to identify those companies with the most compelling use cases and innovative business models,” said Ed Barker, Head of Innovation Strategy and Partnerships, GSMA. “We look forward to working with Versa and other GSMA 100 companies in accelerating business development, commercial partnerships and investment with mobile operator and key partners and, ultimately, in the deployment of next-generation networks and digital services that will benefit billions of subscribers around the world.”
“Versa is thrilled to be selected to the GSMA 100 and owe our recognition in large part to our 60-plus service partners who’ve helped us achieve 150,000 VNF transactions worldwide among large and mid-market enterprises, that are benefiting from our software-defined infrastructure innovation across cloud, networking and security,” said Atchison Frazer, worldwide head of marketing, Versa Networks.
The GSMA 100 are nominated by GSMA operator members, ecosystem companies and leading technology investors and primarily include growth-stage, venture-backed companies from their portfolios, partnerships or interest areas. Following a competitive review process, the nominations are evaluated and narrowed to yield the final cohorts. Versa Networks was among the first 29 companies named to the GSMA 100; the remaining two cohorts for the GSMA 100 will made public in February 2019 at Mobile World Congress in Barcelona, and in June 2019 at Mobile World Congress Shanghai.
The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with over 350 companies in the broader mobile ecosystem. Key operators and partners contributing to the GSMA 100 include Amadeus Capital, América Móvil, AT&T Foundry, Bessemer Venture Partners, Blumberg Capital, BT, China Mobile, Deutsche Telekom, EIT Digital, Ericsson Ventures, Forgepoint Capital, GE Ventures, GV, IQT, KDDI, KPN Ventures, Lumia Venture Partners, Mayfield, MTN, Orange, Rogers Communications, Safaricom, Sony Innovation Fund, Telefónica, Telenor Group, Telstra Ventures, Telus, the UN World Food Programme, US Cellular, Verizon Ventures and Vodafone, among others.
For further information on the GSMA 100, visit: www.gsma.com/aboutus/gsma-100.
About Versa Networks
Versa Networks is the innovator of Secure Cloud IP architecture, a next-generation software platform that delivers integrated cloud, networking and security services. Versa’s solution, with an unrivaled depth of features and capabilities, enables enterprises to transition off of legacy WANs to achieve business agility, branch modernization and TCO advantages. The company has transacted over 150,000 software licenses through service providers, partners and enterprises globally. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures and Verizon Ventures.
For more information, visit https://versanetworks.wpengine.com or follow Versa Networks on Twitter @versanetworks.
Media Contact for Versa Networks