Ruckus Wireless

Formed in June 2004, Ruckus Wireless is Wi-Fi technology pioneer focused on building the next generation of Smart Wireless LAN systems. Named a Technology Pioneer by the World Economic Forum, Ruckus Wireless is credited with developing the first Smart Wi-Fi products and technology that extend the range of Wi-Fi signals and automatically adapt to environmental changes. Venture-backed, Ruckus Wireless has raised $42 million in capital from some of the world's leading investors including Sequoia Capital, Sutter Hill, T-Ventures, WK Technology Fund and Motorola Ventures. The Company manufactures and markets Smart Wi-Fi products directly to broadband services providers and Smart WLAN systems indirectly to enterprise customers. To date, Ruckus has shipped more than 500,000 Smart Wi-Fi systems worldwide. Ruckus Wireless competes in the multi-billion dollar market for enterprise Wi-Fi local area networks. The Dell'Oro Group forecasts the worldwide WLAN market to reach $9 billion by 2011, with the enterprise segment representing over 32 percent of the total market. The WLAN market is being driven by the strong trend toward the use of Wi-Fi as a ubiquitous utility to support more mature applications such as voice, video, digital signage and other sophisticated uses. Today the WLAN market is largely split between high end WLAN switch suppliers and low end consumer Wi-Fi companies. Ruckus Wireless is positioned to provide all the value, features and functionality of high end systems but within an easy-to-use and affordable system.
Type
Subsidiary
Parent Company
Arris
HQ
Sunnyvale, US
Founded
2004
Ruckus Wireless was founded in 2004 and is headquartered in Sunnyvale, US

Key People at Ruckus Wireless

Selina Lo

Selina Lo

CEO & President
Seamus Hennessy

Seamus Hennessy

Chief Financial Officer
Dan Rabinovitsj

Dan Rabinovitsj

Chief Operating Officer
Bart Burstein

Bart Burstein

SVP Of Corporate Development & Strategy
Kathleen Swift

Kathleen Swift

Vice President Of Human Resources
Ian E. Whiting

Ian E. Whiting

Chief Commercial Officer

Ruckus Wireless Office Locations

Ruckus Wireless has offices in Sunnyvale, Taipei, Shenzhen, Netanya and in 6 other locations
Sunnyvale, US (HQ)
350 West Java Drive
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Ruckus Wireless Data and Metrics

Ruckus Wireless Summary

In total, Ruckus Wireless had raised $88.9 m. Ruckus Wireless is a subsidiary of Arris

Ruckus Wireless Financial Metrics

Ruckus Wireless's revenue was reported to be $373.4 m in FY, 2015 which is a 14% increase from the previous period.
USDFY, 2013FY, 2014FY, 2015

Revenue

263.1 m326.9 m373.4 m

Revenue growth, %

24%14%

Cost of goods sold

88.2 m103.1 m120.1 m

Gross profit

174.9 m223.8 m253.3 m

Gross profit Margin, %

66%68%68%

Operating expense total

174.7 m209.4 m245.9 m

EBIT

159 k14.4 m7.4 m

EBIT margin, %

0%4%2%

Interest income

187 k199 k701 k

Pre tax profit

(110 k)14.1 m7.6 m

Income tax expense

(1.9 m)5.9 m2.9 m

Net Income

1.8 m8.2 m4.7 m
USDFY, 2013FY, 2014FY, 2015

Cash

91.3 m56.1 m69.7 m

Inventories

16.7 m21.1 m26.6 m

Current Assets

230.7 m295.4 m342.6 m

PP&E

11.5 m13.6 m19.4 m

Goodwill

9.9 m9.9 m16.4 m

Total Assets

283.2 m354 m418.8 m

Accounts Payable

19.1 m23.5 m30.4 m

Current Liabilities

70.3 m81.8 m89.6 m

Additional Paid-in Capital

273.3 m320.6 m

Retained Earnings

(21.8 m)(13.6 m)(8.9 m)

Total Equity

311.5 m

Financial Leverage

1.3 x
USDFY, 2013FY, 2014FY, 2015

Net Income

1.8 m8.2 m4.7 m

Depreciation and Amortization

6.6 m9.6 m11.6 m

Accounts Receivable

(4.3 m)(15 m)(11 m)

Inventories

2.3 m(4.3 m)(5.5 m)

Accounts Payable

2.8 m4.4 m5.2 m

Cash From Operating Activities

28.6 m36.7 m35.9 m

Purchases of PP&E

(7.8 m)(9.5 m)

Cash From Investing Activities

(82.9 m)(93 m)(40.7 m)

Cash From Financing Activities

12.3 m21.1 m18.5 m

Income Taxes Paid

915 k740 k1.6 m

Ruckus Wireless Median Salaries

Source: 92 public H-1B filings from Ruckus Wireless

Traffic Overview of Ruckus Wireless

Ruckus Wireless Online and Social Media Presence

Ruckus Wireless News and Updates

Samsung introduces Wi-Fi mesh router that can manage your connected devices

It’s no secret that Samsung is heavily invested in the connected home space, and the company’s purchase of SmartThings in 2014 plays a big part in its strategy. On the same day that Samsung introduced the Galaxy S8 and S8+ to the world, it also unveiled the Connect Home, a Wi-Fi mesh router to compe…

Former Cisco CEO John Chambers invests in counter-drone security firm Dedrone

Counter-drone security firm Dedrone has raised $15 million in a second round of funding led by John Chambers, executive chairman and former CEO of Cisco, and Felicis Ventures. The company makes software to detect drones in your air space and provide an early warning about someone snooping on your pr…

Dedrone racks up 5 new investors, including CEOs of Aruba Networks and Meraki

 It’s hard to build a drone that’s high performance and affordable enough to compete with DJI’s popular and pervasive models. That’s something drone companies who built their own “platforms,” a.k.a. original hardware and proprietary software, are grappling with these days. The industry has seen belt…

Broadcom to buy network gear maker Brocade for $5.5 billion

(Reuters) – Chipmaker Broadcom said it would buy Brocade Communications Systems for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger share of the data cent…

Broadcom to Buy Brocade Communications for $5.5 Billion

It is the latest deal in the rapidly consolidating semiconductor sector, where companies are seeking greater scale and a larger array of products.

Broadcom acquires Brocade in $5.9 billion deal

 Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a foothold far beyond chips in the networking storage business. It’s quite a nice deal for Brocade shareholders, who gain a 47 percent premium over the $8.69 closing price last Friday night (October 28th)…
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Ruckus Wireless Company Life and Culture

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