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October 8, 2019

Forward Networks Raises $35M to Help Operators Check On Enterprise Networks

by Natalie Cheung

Telecom network operators are investing in new software and hardware to create faster, more complex networks, but with added complexity comes added vulnerability. Software that automates network management and reduces downtime is extremely valuable to operators, and as networks become more heterogeneous, hardware-agnostic software is generating strong interest across industries.

Those are the issues driving Forward Networks, a Silicon Valley startup founded to help telecom operators cut costs and reduce risk. Conceived by a foursome of Stanford PhD.s, Forward Networks creates algorithms to help operators see and understand the behavior of enterprise networks. The company just announced a $35 million Series C funding round led by Goldman Sachs.

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