This document profiles VMware’s “VMware SD-WAN by VeloCloud” (often abbreviated “VMware SD-WAN” for brevity in this document) SD-WAN offering in the context of Appledore Research’s on-going research stream and best practices for “Telco Cloud” management and operations. VeloCloud was an independent start-up, purchased by VMware in 2017, and being integrated with VMware’s NSX SDN product line (of Nicira origin). VMware SD-WAN by VeloCloud’s most unique selling proposition, made clear by its very name, is its “cloud-delivered” business model – both direct to enterprises and as a managed services platform for CSPs. Cloud delivered can also pertain to its multi-tenant gateways (more on these often-misunderstood elements later). Its second unique value proposition as Appledore observes them, involves “DMPO” or Dynamic Multi-Path Optimization” – a set of features to leverage multiple WAN paths and therefore deliver high quality transmission over “unreliable” Internet.