Telstra invests in SD-WAN vendor

Telstra has established what it has described as a strategic partnership with US SD-WAN company VeloCloud Networks, with the telco’s VC arm, Telstra Ventures, participating in its latest funding round. “We expect SDN will continue to transform enterprise networking around the world and VeloCloud SD-WAN can help companies achieve more agile and responsive networks as well as reduce costs,” Telstra Ventures managing director, Mark Sherman, said in a statement.