Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka
entspos5:34 pmAugust 3, 2024 Sanjiva Weerawarana: A Sri Lankan Success StorySanjiva Weerawarana is a remarkable figure in Sri Lanka's tech industry. In 2005, he founded the enterprise software firm WSO2, which grew to nearly $100 million in annual recurring revenue (ARR) before being sold to private equity firm EQT for $600 million in May 2024. Despite Sri Lanka's modest startup ecosystem, WSO2 has stood out with major clients like Samsung, Axa, and AT&T.Founding WSO2Weerawarana's journey began at IBM, where he helped develop web service specifications such as WSDL
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