A company founded by a group of Stanford alumni with OpenFlow and SDN development experience has raised more than $11 million in funding from some significant investors.
Information is sparse about Forward Networks Inc., founded in July 2013. but its stated mission is to bring "the best ideas in Computer Science to networking," and to "dramatically improve networking for companies of all sizes."
The startup has raised almost $12 million, with the majority of that, $11.15 million, coming in a round that was raised over the past five weeks. The company's initial $825,000 of funding was raised in September 2013.
In addition to several unidentified "luminaries in the networking and systems space," Forward Networks' investors include: Andreessen Horowitz, which boasts Facebook, Twitter, Nicira and Cumulus Networks among its investment portfolio; SV Angel (Cloudera, Twilio, Pinterest); and relative newcomer A Capital Partners, which was founded by former Andreessen Horowitz partner Ronny Conway.
Andreesen Horowitz in particular has a good track record with SDN-related investments. Nicira, for example, is the Stanford-bred SDN startup that was acquired by VMware Inc. (NYSE: VMW) for more than $1 billion shortly after it emerged from stealth. (See VMware to Buy SDN Startup for More Than $1B.)
Now Andreesen Horowitz and its fellow investors are funding another company with Stanford in its DNA.
The four founders at Forward Networks are:
Now the company is hiring and looking for various experienced staff, including a "network engineer who has administered data center or service provider networks with more than 100 networking devices."
— Ray Le Maistre, , Editor-in-Chief, Light Reading