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Aerohive Networks

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Technologyapplication softwarecloud services(SaaS)communication equipmentconnectivityrouters & switcheswireless
Aerohive Networks designs and develops cloud networking and enterprise Wi-Fi solutions. The company provides hardware products, such as wireless access points, branch routers, and switches; tiered maintenance and support services comprising technical support, bug fixes, access to priority hardware replacement service, and unspecified upgrades; and Software as a Service subscription, including comparable maintenance and support services. It offers HiveManager NG, a network management application that features improved troubleshooting, and expanded access to data and analytics, as well as an upgraded cloud-deployment platform.
Revenue(FY, 2018)
$154.9 M

Employee Rating

2.8
StateClosed
TypeSubsidiary
Parent CompanyExtreme Networks
HQSan Jose, CA, US
Founded2006
Cybersecurity ratingDMore
Aerohive Networks was founded in 2006 and is headquartered in San Jose, CA, US
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Key People/Management at Aerohive Networks

David Flynn

David Flynn

President, CEO
John Ritchie

John Ritchie

SVP, CFO, and COO
Steve Debenham

Steve Debenham

Corporate VP, General Counsel, and Secretary
Alan Cuellar Amrod

Alan Cuellar Amrod

SVP and GM, Products and Marketing
Valerie Junger

Valerie Junger

VP, Human Resources and Real Estate
John Merrill

John Merrill

VP, Marketing
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Aerohive Networks Office Locations

Aerohive Networks has offices in San Jose, Dunwoody, Lake Mary, Milpitas and in 21 other locations
San Jose, CA, US (HQ)
6480 Vía Del Oro
Dunwoody, GA, US
1050 Crown Pointe Pkwy #945
Lake Mary, FL, US
1064 Greenwood Blvd #490
Milpitas, CA, US
1011 McCarthy Blvd
Morrisville, NC, US
2121 RDU Center Dr
Pleasanton, CA, US
5200 Franklin Dr #100
Show all (27)

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

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View revenue for all periods
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
USDFY, 2017FY, 2018

Revenue

152.9m154.9m

Revenue growth, %

(10%)1%

Cost of goods sold

50.2m52.9m

Gross profit

102.7m102.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

36.4m42.3m37.1m35.8m40.5m40.6m33.0m38.0m

Cost of goods sold

11.9m13.8m12.7m12.1m13.8m13.9m12.6m13.6m

Gross profit

24.4m28.5m24.4m23.7m26.7m26.6m20.4m24.4m

Gross profit Margin, %

67%67%66%66%66%66%62%64%
show all
Annual
USDFY, 2017FY, 2018

Cash

27.2m26.0m

Accounts Receivable

17.7m16.2m

Prepaid Expenses

6.5m6.4m

Inventories

13.5m16.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

28.9m34.6m33.9m21.5m35.0m32.5m20.4m36.4m

Accounts Receivable

21.6m22.9m17.2m19.5m17.2m14.8m18.8m11.9m

Prepaid Expenses

6.9m7.1m7.9m6.2m6.7m6.4m6.4m6.8m

Inventories

11.7m15.0m13.2m13.6m11.2m13.7m15.3m14.3m
show all
Annual
USDFY, 2017FY, 2018

Net Income

(22.9m)(18.3m)

Depreciation and Amortization

3.1m3.0m

Inventories

(866.0k)(2.6m)

Accounts Payable

1.3m4.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(9.0m)(12.9m)(19.5m)(7.3m)(10.1m)(12.6m)(8.7m)(14.7m)

Depreciation and Amortization

842.0k1.6m2.4m708.0k1.5m2.3m763.0k1.5m

Inventories

961.0k(2.4m)(577.0k)(63.0k)2.3m(195.0k)799.0k1.8m

Accounts Payable

(885.0k)4.1m(911.0k)(56.0k)(105.0k)2.9m(3.7m)(1.9m)
show all
USDQ1, 2017

Debt/Equity

0.9 x

Debt/Assets

0.2 x

Financial Leverage

5.6 x
Show all financial metrics

Aerohive Networks Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017

Countries

40

Customers

19 k24 k30 k

Patent Applications

36424845

Patents Issued

13222954

Aerohive Networks Acquisitions / Subsidiaries

Company NameDateDeal Size
Pareto NetworksJanuary 19, 2011

Aerohive Networks Revenue Breakdown

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Aerohive Networks revenue breakdown by business segment: 70.2% from Product and 29.8% from Software subscription and services

Aerohive Networks revenue breakdown by geographic segment: 59.1% from Americas, 8.6% from Asia Pacific and 32.3% from Europe, Middle East and Africa

Aerohive Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

D

60/100

Learn more about our premium products
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Aerohive Networks Online and Social Media Presence

Aerohive Networks's Trends

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Aerohive Networks Company Culture

  • Overall Culture

    B+

    74/100

  • CEO Rating

    B

    73/100

  • Compensation

    C-

    64/100

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Aerohive Networks Blogs

August 07, 2019

How AI and Machine Learning Impact Cloud-Managed Networking: TRANSPORTATION Edition

Over the past few weeks, we’ve been looking at the impact of AI and machine learning on specific industries. As was with mobility, different industries will grab ahold of new technology and leverage it to increase revenue, simplify operations, and increase productivity. Through AI and machine learni…
August 06, 2019

How AI and Machine Learning Impact Cloud-Managed Networking: MANUFACTURING Edition

New emerging technology impacts different industries in different ways. Some technologies help us lower costs. Others help us make better decisions. Others keep us safer. AI and machine learning are technologies that will one day impact every industry. This week we explore and discuss the role and h…
August 01, 2019

WPA3: Deploying WPA3 – What You Need to Know

As market adoption of WPA3 grows, it will eventually become the mandatory security certification for all Wi-Fi CERTIFIED devices. The Wi-Fi CERTIFIED WPA3™ program has been available for certifications since June of 2018, and will likely become mandatory in the next year or so. While it will take a …
July 31, 2019

WPA3: Why New Security Methods are Needed

Last week, we kicked off a new blog series about WPA3 in the enterprise. We took a brief look at the history of Wi-Fi security, most recently WPA2, and set the stage for WPA3. This week, we explore what makes WPA3 different from WPA2. While WPA2 may have served us well for many years, it […] The pos…
July 25, 2019

WPA3: A Look Back at How We Got This Far

Wi-Fi connectivity is an essential requirement for most businesses. Security of the network is a top priority, and with wireless networking celebrating its 20th anniversary, it’s clear the wireless industry recognizes that authentication and encryption protocols must evolve to guarantee the security…
July 23, 2019

How AI and Machine Learning Impact Cloud-Managed Networking: HEALTHCARE 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 covered hospitality, education, and retail in previous blogs. This week,…
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 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, John Ritchie and Steve Debenham.

  • How many employees does Aerohive Networks have?

    Aerohive Networks has 460 employees.

  • What is Aerohive Networks revenue?

    Latest Aerohive Networks annual revenue is $154.9 m.

  • What is Aerohive Networks revenue per employee?

    Latest Aerohive Networks revenue per employee is $336.8 k.

  • 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 21 other locations.

  • How many offices does Aerohive Networks have?

    Aerohive Networks has 27 offices.