Forward Networks Explained

Forward Networks
Industry:Computer software
Founded:July 23, 2013
Founder:David Erickson, Nikhil Handigol, Brandon Heller, Peyman Kazemian
Hq Location City:Santa Clara, California
Website:https://www.forwardnetworks.com/

Forward Networks, Inc. is an American company founded in Palo Alto, California and headquartered in Santa Clara, California. The company develops enterprise software for network management and software-defined networking.[1]

History

Forward Networks was founded by David Erickson, Nikhil Handigol, Brandon Heller, and Peyman Kazemian, who met as Ph.D researchers at Stanford University. While operating software-defined networking deployments running OpenFlow[2] at the university,[3] Erickson, Handigol, Heller, and Kazemian built a software platform based on Kazemian's research at Stanford for his electrical engineering dissertation.[4] Kazemian's research enabled the use of configuration data and operational state information from devices on a network to create a virtual copy of that network.[5]

Until November 2016, the company operated in stealth mode[6] and raised $16 million in funding by DFJ,[7] with participation from Andreesen Horowitz.[8]

In October 2019 the company raised $35 million in Series C funding led by Goldman Sachs, also a customer of the company.[9]

In January 2023, following 139% year-over-year growth, Forward Networks announced it closed $50M in Series D funding.[10] The round was led by MSD Partners with support from new investors, Section 32 and Omega Venture Partners.

Forward Networks' other customers include PayPal, Ubisoft, and Telstra.[11]

Intent-based networking

Intent-based networking (IBN), a term coined by Gartner in 2017 describes a system designed to automate a network lifecycle from design and implementation to deployment and validation.[12]

Forward Networks' technology focuses on verification with regards to intent-based networking. The platform generates a mathematical model of the network to perform functions such as composing timestamped collections of network configurations and state information of a network infrastructure.[13] The product is marketed as a network assurance platform[14] called Forward Enterprise.[15]

See also

Notes and References

  1. Web site: Forward Networks Inc - Company Profile and News. Bloomberg.
  2. Web site: Startup Aims To Simplify Network Management. 2016-11-14. IT Infrastructure Advice, Discussion, Community - Network Computing. 2019-08-15.
  3. Web site: Startup Forward Networks helps search, protect and predict network behavior. Butler. Brandon. 2016-11-14. Network World. 2019-08-15.
  4. Web site: Accelerating and De-Risking Network Operations Forward Networks David Erickson. 2018-01-16. Business Magazine. 2019-08-12.
  5. Web site: Forward Networks creates digital twins to assure network performance. FierceTelecom. 2019-08-12.
  6. Web site: Forward Networks nets $16M to help prevent network outages. TechCrunch. 2019-08-12.
  7. Web site: Fast Forward with Forward Networks. DFJ. 2017-08-23. Medium. 2019-08-15.
  8. Web site: Déjà Vu All Over Again with Forward Networks. Krause. Bill. 2016-11-14. Andreessen Horowitz. 2019-08-15.
  9. Web site: The Wave of Digital Media Consolidation Isn't Over Yet. Fortune. 2019-10-18.
  10. Web site: Lunden . Ingrid . 2023-01-24 . Forward Networks raises $50M for digital twin technology to help model, manage and secure complex enterprise networks . 2023-01-24 . TechCrunch . en-US.
  11. Web site: Network Verification Software. Forward Networks. en-US. 2019-10-18.
  12. Web site: Intent-based network: the next big thing?. Network Middle East. 2019-10-18.
  13. Web site: ESG Technical Review: Verifying Network Intent with Forward Enterprise. Arcilla. Alex. www.esg-global.com. 2019-08-15.
  14. Web site: NFD13: Forward Networks Comes Out of Stealth to Impress. 2016-12-22. NetCraftsmen. 2019-10-18.
  15. Web site: Forward Networks Network Automation Software Reviews. Inc. Gartner. Gartner. en. 2019-10-18.