About Riverbed
Riverbed is a company based in San Francisco (United States) founded in 2002 was acquired by Vector Capital in May 2023. It operates as a SaaS (Software-as-a-Service) and Managed Services. Riverbed has raised $56.6 million across 4 funding rounds from investors including Goldman Sachs, Accel and Lightspeed Venture Partners. The company has 178 employees as of April 08, 2024. Riverbed has completed 10 acquisitions, including Aternity, CACE Technologies and Expand Networks. Riverbed offers products and services including Riverbed Platform, Aternity, and SteelHead. Riverbed operates in a competitive market with competitors including Cradlepoint, Netskope, Aryaka Networks, Datadog and ScienceLogic, among others.
- Headquarter San Francisco, United States
- Employees 178 as on 08 Apr, 2024
- Stage Public
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Sectors
TechnologyTelecommunications
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Phone
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Website
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Social
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- Legal Name Riverbed Technology
- Date of Incorporation 26 Oct, 2005
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$8.12 M (USD)23.9as on Mar 31, 2023
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Net Profit
$789.87 K (USD)20.86as on Mar 31, 2023
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EBITDA
$1.26 M (USD)22.54as on Mar 31, 2023
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Total Equity Funding
$56.6 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series D
Mar 08, 2006
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Investors
Goldman Sachs
& 5 more
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Employee Count
178
as on Apr 08, 2024
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Investments & Acquisitions
Aternity
& 9 more
- Acquired by
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Products & Services of Riverbed
Riverbed offers a comprehensive portfolio of products and services, including Riverbed Platform, Aternity, and SteelHead.
Unified observability platform powered by AI for IT optimization.
Monitors employee and customer digital experience with AI insights.
Enhances application performance across hybrid and cloud environments.
People of Riverbed
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Software Development Team
147 people
Sales and Marketing
61 people
Leadership Team
48 people
Senior Team
22 people
Product Management Team
19 people
Human Resources and Administration
15 people
Sr. Team
10 people
Finance and Accounting
10 people
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Funding Insights of Riverbed
Riverbed has successfully raised a total of $56.6M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in March 2006. 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.
Investors in Riverbed
Riverbed has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Accel and Lightspeed Venture Partners.
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Investment banking services are delivered across multiple financial sectors.
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Accel is recognized as a leading venture capital firm.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for Riverbed
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Investments & Acquisitions by Riverbed
Riverbed has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Aternity, CACE Technologies and Expand Networks.
Investment portfolio details for Riverbed
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- Portfolio identities
- Transaction dates
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Integrated Software Defined Networking is managed through Ocedo's cloud console.
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End-to-end network monitoring services are provided comprehensively.
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Cloud-based digital user experience management software provider
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Complete acquisition details for Riverbed
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Riverbed
Detailed financials for Riverbed
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Riverbed Comparisons
Peer comparison for Riverbed
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Competitors of Riverbed
Riverbed 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 Cradlepoint, Netskope, Aryaka Networks, Datadog and ScienceLogic, among others.
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Cloud-based network infrastructure for IoT applications is provided.
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Cloud security solutions are delivered for enterprise visibility and protection.
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Unified SASE solutions are delivered for enterprise connectivity and security.
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Cloud and application performance management platform is provided.
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AI powered IT infrastructure and cloud monitoring platform
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Cloud-based visual tools for network performance management are provided.
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Detailed competitors of Riverbed
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Riverbed
Complete news archive for Riverbed
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Riverbed
Riverbed was founded in 2002 and raised its 1st funding round 1 year after it was founded.
Riverbed is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
David Donatelli is the current CEO of Riverbed.
Riverbed is a funded company, having raised a total of $56.6M across 4 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Riverbed is 178.
Annual revenue of Riverbed is $8.12M as on Mar 31, 2023.
Riverbed is established as a leader in AI-powered observability and IT optimization. Solutions are offered across digital experience, network performance, and application acceleration. Various industries including financial services, healthcare, and government are served. The Riverbed Platform integrates causal, predictive, and generative AI for proactive troubleshooting. Cloud, hybrid, and on-premises environments are supported with unified visibility. Cost reduction, performance optimization, and security compliance are emphasized as key benefits.
Riverbed's top competitors include Datadog, Cradlepoint and Netskope.
Riverbed offers Riverbed Platform, Aternity, and SteelHead.
Riverbed has made 10 acquisitions, including Aternity, CACE Technologies, and Expand Networks.
Riverbed has 6 investors. Key investors include Goldman Sachs, Accel, Lightspeed Venture Partners, Vector Capital, and Thoma Bravo.