Forward Networks Secures Funds, Focused on Network Operations

Intent-based networking startup Forward Networks raised $35 million in Series C funding that was led by Goldman Sachs, which is one of the company’s most prolific customers. The company plans to invest these funds into research and development and to expand its sales and marketing programs as it focused on new SDN opportunities targeted at network operations.

Forward Networks was co-founded by SDN guru David Erickson in 2016. Its goal was to eliminate manual tasks that required a significant amount of manpower and were particularly error-prone. Since then, the company’s mission has remained unchanged, while its product line has seen numerous changes over the last three years.

Today, the company’s’ core product is Forward Enterprise. The software platform allows users to generate a mathematically accurate digital replica of the network. This model allows customers to quickly search the network for relevant data, verify it is configured correctly and functioning as intended, and predict the effect configuration changes will have in order to prevent errors that could take down the network.

According to Erickson in an email to SDxCentral, Forward Enterprise now supports hundreds of routers, switches, load balancers, and firewalls. The company is expanding support to virtualized network infrastructure and public and hybrid cloud environments.

Read the latest about Forward on our blog

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