| State | Closed |
| Type | Subsidiary |
| Parent Company | Extreme Networks |
| HQ | San Jose, US |
| Founded | 2006 |
| Website | aerohive.com |
Aerohive Networks was founded in 2006 and is headquartered in San Jose, US
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Aerohive Networks
David Flynn
President, CEO
Alan Cuellar Amrod
SVP and GM, Products and Marketing
John Ritchie
SVP, CFO and COO
Steve Debenham
Corporate VP, General Counsel and Secretary
Valerie Junger
VP Human Resources and Real Estate
John Merrill
VP, Marketing
Aerohive Networks Office Locations
Aerohive Networks has offices in San Jose, Dunwoody, Lake Mary, Milpitas and in 16 other locations
San Jose, US (HQ)
6480 Vía Del Oro
Dunwoody, US
1050 Crown Pointe Pkwy #945
Lake Mary, US
1064 Greenwood Blvd #490
Milpitas, US
1011 McCarthy Blvd
Morrisville, US
2121 RDU Center Dr
Pleasanton, US
5200 Franklin Dr #100
Aerohive Networks Financials and Metrics
Summary Metrics
Founding Date | 2006 |
Total Funding | $105 m |
Investors | Kleiner Perkins, Lightspeed Venture Partners, New Enterprise Associates, Four Rivers Group, Northern Light Venture Capital, Big Basin Partners, IVP (Institutional Venture Partners), Apogee Venture Group |
In total, Aerohive Networks had raised $105 m. Aerohive Networks is a subsidiary of Extreme Networks
Aerohive Networks Revenue
Aerohive Networks's revenue was reported to be $154.91 m in FY, 2018 which is a 1.3% increase from the previous period.
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 28.2m | 37.6m | 35.3m | 25.8m | 36.8m | 42.8m | 40.1m | 47.6m | 40.4m | 36.4m | 42.3m | 37.1m | 35.8m | 40.5m | 40.6m | 33.0m | 38.0m |
Cost of goods sold | 9.2m | 12.2m | 11.4m | 8.6m | 12.1m | 14.4m | 13.3m | 15.5m | 13.2m | 11.9m | 13.8m | 12.7m | 12.1m | 13.8m | 13.9m | 12.6m | 13.6m |
Gross profit | 19.0m | 25.4m | 23.9m | 17.2m | 24.7m | 28.4m | 26.8m | 32.2m | 27.2m | 24.4m | 28.5m | 24.4m | 23.7m | 26.7m | 26.6m | 20.4m | 24.4m |
Gross profit Margin, % | 67% | 68% | 68% | 67% | 67% | 66% | 67% | 68% | 67% | 67% | 67% | 66% | 66% | 66% | 66% | 62% | 64% |
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 33.3m | 103.9m | 106.2m | 92.7m | 85.4m | 88.2m | 41.4m | 39.3m | 43.9m | 28.9m | 34.6m | 33.9m | 21.5m | 35.0m | 32.5m | 20.4m | 36.4m |
Accounts Receivable | 15.8m | 23.7m | 18.0m | 17.6m | 20.8m | 16.3m | 20.9m | 29.5m | 22.5m | 21.6m | 22.9m | 17.2m | 19.5m | 17.2m | 14.8m | 18.8m | 11.9m |
Prepaid Expenses | 7.2m | 2.3m | 2.4m | 2.1m | 3.9m | 4.3m | 11.6m | 12.4m | 7.2m | 6.9m | 7.1m | 7.9m | 6.2m | 6.7m | 6.4m | 6.4m | 6.8m |
Inventories | 6.3m | 12.1m | 9.5m | 11.4m | 11.9m | 11.8m | 11.5m | 14.7m | 15.7m | 11.7m | 15.0m | 13.2m | 13.6m | 11.2m | 13.7m | 15.3m | 14.3m |
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (8.9m) | (15.2m) | (22.6m) | (16.1m) | (27.5m) | (38.8m) | (12.5m) | (19.9m) | (29.6m) | (9.0m) | (12.9m) | (19.5m) | (7.3m) | (10.1m) | (12.6m) | (8.7m) | (14.7m) |
Depreciation and Amortization | 497.0k | 1.0m | 1.8m | 619.0k | 1.6m | 2.6m | 896.0k | 1.8m | 2.7m | 842.0k | 1.6m | 2.4m | 708.0k | 1.5m | 2.3m | 763.0k | 1.5m |
Inventories | 487.0k | (5.2m) | (2.7m) | (3.0m) | (3.6m) | (3.4m) | (714.0k) | (3.9m) | (4.9m) | 961.0k | (2.4m) | (577.0k) | (63.0k) | 2.3m | (195.0k) | 799.0k | 1.8m |
Accounts Payable | 1.8m | 7.6m | 1.4m | 2.5m | 1.8m | (17.0k) | (684.0k) | 1.1m | (2.0m) | (885.0k) | 4.1m | (911.0k) | (56.0k) | (105.0k) | 2.9m | (3.7m) | (1.9m) |
Aerohive Networks Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Pareto Networks | January 18, 2011 | |
| Aerohive Networks Canada Inc. | ||
| Aerohive Networks Europe Ltd | ||
| Aerohive Networks Ltd. |
Aerohive Networks Revenue Breakdown
Aerohive Networks revenue breakdown by business segment: 73.1% from Product and 26.9% from Software subscription and services
Aerohive Networks revenue breakdown by geographic segment: 63.1% from Americas, 28.7% from Europe, Middle East and Africa and 8.2% from Asia Pacific
Aerohive Networks Online and Social Media Presence
18k Twitter followers
Aerohive Networks has 18k Twitter Followers. The number of followers has decreased 0.2% month over month and increased 0.1% quarter over quarter
Aerohive Networks's Trends
Aerohive Networks Company Culture
Overall Culture
A
85/100
CEO Rating
C
70/100
Compensation
A+
100/100
Aerohive Networks Blogs
July 18, 2019
How AI and Machine Learning Impact Cloud-Managed Networking: EDUCATION Edition
In our recent blog posts, we’ve been looking at the roles AI and Machine Learning play in different industries, and how this technology is making an impact for network managers, business managers, partners, and customers. We’ve already covered Retail and Hospitality, and will be looking at education…
July 17, 2019
Tech Podcast: Use the Power of Cloud Networking to Feed Business Intelligence Back to Your Organization
We’ve talked a lot about AI and Machine Learning recently, and just last week we kicked off a series looking at how this technology is impacting specific industries. Click here to start part 1. Aerohive’s Mat Edwards, who works on our Product Marketing team, was recently a guest on The Tech Blog Wri…
July 17, 2019
Tech Podcast: Use the Power of Cloud Networking to Feed Business Intelligence Back to Your Organization
We’ve talked a lot about AI and Machine Learning recently, and just last week we kicked off a series looking at how this technology is impacting specific industries. Click here to start part 1. Aerohive’s Mat Edwards, who works on our Product Marketing team, was recently a guest on The Tech Blog Wri…
July 15, 2019
How AI and Machine Learning Impact Cloud-Managed Networking: HOSPITALITY Edition
We recently kicked off a series where we explore AI and Machine Learning, and how they will impact cloud-networking. Enterprise IT departments have been tasked with securing their networks for end-user devices, payment systems (PCI compliance), and IoT devices. In the hospitality industry, they must…
July 11, 2019
How AI and Machine Learning Impact Cloud-Managed Networking: RETAIL Edition
Predicting Future Demand: Retail has continued to push back against e-commerce, thanks to new technology that has drawn shoppers back in. AI technology will enable marketing departments to analyze store returns, receipts, and loyalty cards to predict future demand for apparel and accessories, as wel…
July 10, 2019
Key Industry Use Case Edition: Introduction to AI and Machine Learning for Cloud-Managed Networking
AI and Machine Learning are set to make a huge impact on enterprise networking over the next few years. As we continue to see exponential growth in the number of devices on our networks, we need additional tools to help manage and optimize how networks function. With the current IoT explosion, IT de…
Aerohive Networks Frequently Asked Questions
When was Aerohive Networks founded?
Aerohive Networks was founded in 2006.
Who are Aerohive Networks key executives?
Aerohive Networks's key executives are David Flynn, Alan Cuellar Amrod and John Ritchie.
What is Aerohive Networks revenue?
Latest Aerohive Networks annual revenue is $154.9 m.
Who are Aerohive Networks competitors?
Competitors of Aerohive Networks include BandwidthX, Aruba Networks and Ubiquiti.
Where is Aerohive Networks headquarters?
Aerohive Networks headquarters is located at 6480 Vía Del Oro, San Jose.
Where are Aerohive Networks offices?
Aerohive Networks has offices in San Jose, Dunwoody, Lake Mary, Milpitas and in 16 other locations.
How many offices does Aerohive Networks have?
Aerohive Networks has 27 offices.
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