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Forward Networks

Forward Networks

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

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

June 17, 2021
Forward Networks announces that its Forward Enterprise solution is a Gold Globee winner for the Network Management category in the 16th Annual 2021 IT World Awards.
October 8, 2019
Forward Networks raises a $35,000,000 series C round from A.Capital Ventures, Andreessen Horowitz, Goldman Sachs and Threshold Ventures.
August 23, 2017
Forward Networks raises a $16,000,000 series B round from A.Capital Ventures, Andreessen Horowitz and Threshold Ventures.
November 25, 2014
Forward Networks raises a $11,100,000 series A round from A.Capital Ventures, Andreessen Horowitz and SV Angel.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Forward Enterprise Demo by David Erickson

June 20, 2019

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

Ingrid Lunden

Web

October 8, 2019

Forward Networks Recognized with Multiple Industry Awards

Web

October 3, 2019

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

Web

November 19, 2019

News

Title
Author
Date
Publisher
Description
Forward Networks, Inc.
June 28, 2021
www.prnewswire.com:443
/PRNewswire/ -- Forward Networks, the industry leader in network assurance and intent-based verification, today announced enhancements to the Forward...
Forward Networks, Inc.
June 17, 2021
www.prnewswire.com:443
/PRNewswire/ -- Forward Networks, the industry leader in network assurance and intent-based verification, announced today that its Forward Enterprise solution...
Forward Networks
May 17, 2021
www.prnewswire.com:443
/PRNewswire/ -- Forward Networks, the industry leader in network assurance and intent-based verification, today announced that it has been named a manufacturer...
Ingrid Lunden
October 8, 2019
TechCrunch
Security breaches and other activity that causes network surges and outages are all on the rise in the enterprise, and today, a startup called Forward Networks, which has built a clever way to help businesses monitor their network traffic to identify when things are going wrong, has raised a round of $35 million to continue [...]

References

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