Verizon is continuing to roll out SD-WAN services to its customer base, the newest such service is the Verizon Software Defined Secure Branch (SD-Branch) managed service. The SD-Branch service is powered by SD-WAN technology from startup Versa Networks.
Verizon and Versa Networks are hardly strangers with one another.
"Verizon invested in Versa as part of our round-B raise in the fall of 2014," Kumar Mehta, founder and chief development officer (CDO) of Versa Networks, told EnterpriseNetworkingPlanet. "This was after Verizon had rigorously tested our software earlier in 2014."
Mehta added that Verizon continued to certify Versa Network's software throughout 2015 and 2016 for production deployment for different use cases. Additionaly, Versa was the first vendor to be certified for 'Corona', Verizon's Openstack infrastructure. Verizon also invested further in Versa in late 2016, as it co-led that round-C investment, Mehta said.
"For the SD-Branch solution, Versa is the only choice," Mehta said. "Customers purchase a service from Verizon that is branded Verizon, while the underlying technology is the Versa Cloud IP Platform. Verizon will allow customers to choose policy for traffic steering and security through its own portal."
From a financial perspective, the new partnership with Verizon Enterprise Services is based on lead-generation sharing, developing customer opportunities together and revenue based upon winning Managed Services customers.
"The arrangement is based on subscriptions and as such will provide Versa with a solid recurring revenue model," Mehta said.
Versa first announced the SD-Branch solution May 2017, providing both connectivity and security components. The SD-Branch includes Versa FlexVNF, Versa Director and Versa Analytics product components."
Looking forward, Mehta said that Versa will continue to innovate and expand the capabilities that help to software-define the branch.
"We recently added software-defined branch components such as the Ethernet LAN, Wi-Fi and the ability to host 3rd party virtualized network functions (VNFs) on our uCPE CloudIP Platform," Mehta said. "We also support seamless Cloud Integrations both with AWS and Azure."
Sean Michael Kerner is a senior editor at EnterpriseNetworkingPlanet and InternetNews.com. Follow him on Twitter @TechJournalist.