| State | Closed |
| Type | Subsidiary |
| Parent Company | Extreme Networks |
| HQ | San Jose, CA, US |
| Founded | 2006 |
| Website | aerohive.com |
| Cybersecurity rating | DMore |
Aerohive Networks was founded in 2006 and is headquartered in San Jose, CA, 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, 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
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) |
| USD | Q1, 2014 |
|---|---|
Debt/Equity | -3.8 x |
Debt/Assets | 0.3 x |
Financial Leverage | -13.3 x |
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 Cybersecurity Score
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
B+
74/100
CEO Rating
B
73/100
Compensation
C-
64/100
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,…
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.
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 16 other locations.
How many offices does Aerohive Networks have?
Aerohive Networks has 27 offices.
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