Forward Networks

Los Altos, United States Founded: 2013 • Age: 13 yrs
Network testing platform is utilized for visibility and outage prevention.
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About Forward Networks

Forward Networks is a company based in Los Altos (United States) founded in 2013.. Forward Networks has raised $112.97 million across 5 funding rounds from investors including Goldman Sachs Asset Management, Omega Venture Partners and Threshold. Forward Networks offers products and services including Forward Enterprise and Forward Quest. Forward Networks operates in a competitive market with competitors including NetScout, Neusoft, Sigma Systems, Synchronoss and Sandvine, among others.

  • Headquarter Los Altos, United States
  • Sectors
    Telecommunications
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Forward Networks, Inc.
Operational Areas
Telecommunications → Telecommunications Software & Platforms
Technology → Cloud, Data & Analytics Infrastructure
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $112.97 M (USD)

    in 5 rounds

  • Latest Funding Round
    $50 M (USD), Series D

    Jan 24, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Forward Networks

Forward Networks offers a comprehensive portfolio of products and services, including Forward Enterprise and Forward Quest. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides digital twin for network visibility and security management.

Interactive game for testing network digital twin features.

People of Forward Networks
Headcount 50-200
Employee Profiles 48
Board Members and Advisors 3
Employee Profiles
People
Varsha Patil, PHR, CSSR.
Recruiting Operations Manager
People
Matthias C. Schroeder
1st Product Designer / Sr. UX Designer
People
Katrina Nguyen
Recruiting Coordinator
People
Anastasiya Chertova
Lead Product Designer

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Board Members and Advisors
people
Andreas Stavropoulos
Director
people
L. William Krause
Director
people
Victor Hwang
Director

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Funding Insights of Forward Networks

Forward Networks has successfully raised a total of $112.97M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series D — $50.0M
  • First Round

    (25 Sep 2013)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Series D - Forward Networks Valuation BDT & MSD Partners , S32
Oct, 2019 Amount Series C - Forward Networks Valuation

investors

Feb, 2017 Amount Series B - Forward Networks Valuation DFJ
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Forward Networks

Forward Networks has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs Asset Management, Omega Venture Partners and Threshold. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on AI & ML startups
Founded Year Domain Location
Early-stage startups are funded by Threshold VC firm.
Founded Year Domain Location
Early-stage companies are invested in by A.Capital Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Forward Networks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Forward Networks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Forward Networks Comparisons

Employees
+
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Competitors of Forward Networks

Forward Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NetScout, Neusoft, Sigma Systems, Synchronoss and Sandvine, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based visual tools for network performance management are provided.
domain founded_year HQ Location
IT solutions and services are provided to multiple industries.
domain founded_year HQ Location
Product, order management, and network provisioning solutions are provided.
domain founded_year HQ Location
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
domain founded_year HQ Location
Network policy control products are provided for broadband service providers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Forward Networks

When was Forward Networks founded?

Forward Networks was founded in 2013.

Where is Forward Networks located?

Forward Networks is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.

Is Forward Networks a funded company?

Forward Networks is a funded company, having raised a total of $112.97M across 5 funding rounds to date. The company's 1st funding round was a Series B of $16M, raised on Sep 25, 2013.

What does Forward Networks do?

Network testing platform to gain network visibility and avoid outages. It provides a network testing platform to gain network visibility, verify security policies and reduce the risk of errors and outages. Creates an accurate software copy of the network, at scale, with the same configuration as the production environment. This software copy is used to uncover network behavior and predict problems. Provides an API to integrate data from the platform to help automate network management tasks and enhance clients existing dashboards.

Who are the top competitors of Forward Networks?

Forward Networks's top competitors include Sandvine, Viavi and NetScout.

What products or services does Forward Networks offer?

Forward Networks offers Forward Enterprise and Forward Quest.

Who are Forward Networks's investors?

Forward Networks has 10 investors. Key investors include Goldman Sachs Asset Management, Omega Venture Partners, Threshold, A.Capital, and Andreessen Horowitz.

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