Networks, the leader in Multi-Cloud Application Services, today
announced the appointment of Mark Anderson as executive chairman. In
this role, Anderson will work closely with CEO Amit Pandey and his
executive team to help Avi further accelerate its revenue and customer
Anderson is a seasoned executive with a proven track record in guiding
enterprise technology organizations as they grow and scale. As the
former president of Palo Alto Networks, Anderson helped grow the company
from pre-IPO to one of the leaders in enterprise security. As EVP of
worldwide sales at F5 Networks, he oversaw a 1,000-person sales team and
played a key role in growing F5’s annual revenue to more than $1B.
“We are excited to appoint Mark to the Executive Chairman role to help
us further our great momentum,” said Amit Pandey, CEO of Avi Networks.
“Mark has a deep understanding of our domain and our target customers
among Global 2000 enterprises and will work closely with me and my
executive team to scale our sales organization and our go-to-market
“Avi Networks is the next generation of application delivery,” Anderson
said. “Those inside the industry know that customers are moving quickly
towards software-defined architectures. Here, one must support
multi-cloud environments, drive needed automation, and enable
self-service adoption. I see Avi’s growing traction with many of the
largest enterprises in the world, and I’m excited to get the chance to
be more hands-on with the Avi team.”
In the past year, Avi has reached the following milestones:
More than 200% year-over-year growth with significant adoption by the
Global 2000, including 25% of the Fortune 50.
Series D funding with an investment from Cisco Investments along with
DAG Ventures, Greylock Partners, Lightspeed Venture Partners, and
Menlo Ventures for its oversubscribed $60 million round. This brings
Avi’s total funding to $115 million.
Global expansion including a new presence in Australia and New Zealand.
Launch of Universal
Service Mesh as the future of application delivery, security, and
visibility, with the potential to reshape the nearly $12B market for
Launch of Avi SaaS, the industry’s first SaaS solution for multi-cloud
load balancing to deliver consistent capabilities regardless of
infrastructure, accelerate time-to-value, lower OpEx, and drive
Anderson currently sits on the board of Alteryx in addition to chairing
the Avi Networks board. He is also a board member of the Boys and Girls
Club of Silicon Valley. Anderson holds a Bachelor of Arts in business
and economics from York University in Toronto.
About Avi Networks
Avi Networks delivers Multi-Cloud Application Services by automating
intelligence and elasticity across any cloud. The Avi Vantage Platform
provides a Software Load Balancer, Intelligent Web Application Firewall
(iWAF), and Universal Service Mesh to ensure a fast, scalable, and
secure application experience. Avi Vantage is delivered with SaaS or
customer-managed options. Customers enjoy 90% faster provisioning and
50% lower total cost of ownership. Avi is backed by leading investors
including Cisco Investments, DAG Ventures, Greylock Partners, Lightspeed
Venture Partners, and Menlo Ventures.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181212005212/en/