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Forward Networks

Forward Networks

Forward Networks is a Palo Alto-based company that creates network modeling software.

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Contents

forwardnetworks.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Enterprise software
Enterprise software
Software
Software
Technology
Technology
Network security
Network security
0
GraphQL
GraphQL
Location
Santa Clara, California
Santa Clara, California
Palo Alto, California
Palo Alto, California
B2X
B2B
B2B
CEO
David Erickson
David Erickson
Founder
Brandon Heller
Brandon Heller
David Erickson
David Erickson
Nikhil Handigol
Nikhil Handigol
Peyman Kazemian
Peyman Kazemian
AngelList URL
angel.co/forward-networks
Pitchbook URL
pitchbook.com/profiles.../99919-45
Number of Employees (Ranges)
51 – 2000
Investors
SV Angel
SV Angel
StartX (Stanford-StartX Fund)
StartX (Stanford-StartX Fund)
Goldman Sachs
Goldman Sachs
Andreessen Horowitz (a16z)
Andreessen Horowitz (a16z)
A.Capital Ventures
A.Capital Ventures
DFJ
DFJ
Threshold Ventures
Threshold Ventures
Founded Date
2013
0
Total Funding Amount (USD)
62,100,000
Latest Funding Round Date
October 8, 2019
Competitors
Itential
Itential
Graphiant
Graphiant
SolarWinds
SolarWinds
Cisco Systems
Cisco Systems
Cohere Technologies
Cohere Technologies
‌
Entuity Network Analytics
SaltStack
SaltStack
Edgegap
Edgegap
...
Business Model
Commerce
Board of Directors
David Erickson
David Erickson
Brandon Heller
Brandon Heller
CTO
Brandon Heller
Brandon Heller
Latest Funding Type
Series C
Series C
Patents Assigned (Count)
1
Wellfound ID
forward-networks

Other attributes

Blog
forwardnetworks.com/blog/
Company Operating Status
Active
Latest Funding Round Amount (USD)
35,000,000
Overview

Forward Networks is a Palo Alto-based company that creates network modeling software. The company was founded in July 2013 by Brandon Heller, Peyman Kazemian, Nikhil Handigol, and David Erickson, who met as PhD graduate students at Stanford University. Erickson and Heller serve as CEO and CTO of Forward Networks, respectively, and both serve on the company's board of directors.

Product

Forward Networks' primary offering is a mathematically-accurate network modeling software called Forward Enterprise. Forward Enterprise documents, searches, verifies, and predicts the behavior of a client's network by creating a software copy of the entire network infrastructure for both on-premises software and the cloud. The software can map the topology of the network's environment, allowing the network team to find information such as verifying network intent and predicting a network's behavior.

Forward Enterprise also features a verification function that allows for the network to be continuously audited and sends alerts to team members in the event of non-compliance. The software is capable of utilizing the data from the network to predict issues, such as connectivity and security policy violations. It can be integrated with other software including Cisco, Arista, and Azure. In 2021, Forward Networks announced that its Enterprise software had won a Golden Globee award for network management at the 2021 IT World Awards.

Funding

Forward Networks has raised over $62 million over three funding rounds since 2014. The company most recently closed a $35 million series C round on October 8, 2019. The round was led by Goldman Sachs, and featured participation from A.Capital Ventures, Andreessen Horowitz (a16z) and Threshold Ventures.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Forward Enterprise Demo by David Erickson

https://youtu.be/wjqfox6d4Zw

June 20, 2019

Forward Networks raises $35M to help enterprises map, track and predict their networks' behavior

Ingrid Lunden

https://techcrunch.com/2019/10/08/forward-networks-raises-35m-to-help-enterprises-map-track-and-predict-their-networks-behavior/

Web

October 8, 2019

Forward Networks Recognized with Multiple Industry Awards

https://finance.yahoo.com/news/forward-networks-recognized-multiple-industry-130000078.html

Web

October 3, 2019

Forward Networks Unveils New In-App Network Query Engine (NQE) Checks

https://finance.yahoo.com/news/forward-networks-unveils-app-network-140000315.html

Web

November 19, 2019

References

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