| Expand Networks, Inc. | |
| Type: | Private Company |
| Founded: | 1998 |
| Fate: | liquidated 2011 |
| Location: | Roseland, New Jersey, Tel-Aviv, Israel |
| Industry: | WAN Acceleration Equipment |
| Products: | Accelerator appliances, WAN Optimization |
Expand Networks, Ltd. was a Tel Aviv, Israel based provider of WAN optimization technology founded in 1998 and liquidated in 2011.
Expand Networks was a privately held company, co-founded by Talmon Marco in 1998; initial financing was provided by Discount Investment Corporation Ltd., The Eurocom Group, Ophir Holdings, and a private group of investors, including Memco Software founder Israel Mezin. Additional investors joined in subsequent rounds of funding. The company raised over $95 million.
Expand Networks headquarters was in Tel-Aviv, Israel with sales in the United States and Europe, New Jersey, Australia,[1] China,[2] Singapore, and South Africa.
The company manufactured accelerators in physical,[3] virtual[4] and mobile[5] deployment options.
In mid October 2011, following the requests of Plenus, one of the company's lenders, an Israeli court appointed a liquidator - Paz Rimer. The liquidator gradually terminated the company's employees [6] and eventually, on 11 January 2012 sold most of the assets of the company to Riverbed Technology, which immediately terminated all the company's products and ceased support.[7]