Forward Networks

SoftwareSeries DSanta Clara, USforwardnetworks.com

Latest round

Series D

Last raised

Dec 2022

Total raised

$113M

Investors

9

About Forward Networks

Forward Networks, Inc. was founded in 2013 in Santa Clara, US, and provides a digital twin technology for network management.Forward Networks offers a proprietary digital twin technology through its flagship product, Forward Enterprise, which provides a vendor-agnostic model of network infrastructure designed to enhance the visibility and management of both cloud and on-premises networks. This software utilizes advanced features such as header space analysis and mathematical modeling to deliver insights that help organizations manage network complexity, strengthen security postures, and ensure compliance. The product is aimed primarily at network, security, and cloud operations teams, enabling them to troubleshoot issues more efficiently, prevent outages, and optimize network performance. Key customers include Fortune 50 companies and various federal agencies, indicating a strong presence in high-stakes environments where network reliability and security are paramount.Forward Networks operates on a subscription-based revenue model, where clients typically engage in multi-year contracts for access to its digital twin technology. These subscriptions allow organizations to utilize Forward Enterprise for ongoing network monitoring, vulnerability management, and compliance auditing. The company’s revenue structure is bolstered by partnerships with technology integrators and resellers, facilitating an ecosystem that enhances product distribution. Customers benefit from tiered pricing plans that correspond to the scale and complexity of their network environments, although specific pricing details are not publicly disclosed.In December 2022, Forward Networks, Inc. Forward Networks aims to enhance its product offerings and explore new geographic markets to further broaden its reach.

Who invested in Forward Networks

9 investors across 5 rounds

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Funding rounds

  1. Series D

    Dec 9, 2022

    Amount

    $50M

    Investors

    Locked

  2. Series C

    Oct 3, 2019

    Amount

    $35M

    Investors

    Locked

  3. Series B

    Feb 1, 2017

    Amount

    $16M

    Investors

    Locked

  4. Series A

    Nov 25, 2014

    Amount

    $11M

    Investors

    Locked

  5. Seed

    Sep 1, 2013

    Amount

    $0.8M

    Investors

    Locked

Questions about Forward Networks

Who invested in Forward Networks?

Forward Networks has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Forward Networks raised?

Forward Networks has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Forward Networks last raise money?

Forward Networks's most recent round on record is a Series D, in Dec 2022.

What does Forward Networks do?

Forward Networks is a software company.

Where is Forward Networks headquartered?

Forward Networks is headquartered in Santa Clara, US.

Which VCs invest in companies like Forward Networks?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Forward Networks's stage. Their profiles are linked below.

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