Welcome!

Wearables Authors: Liz McMillan, Progress Blog, Elizabeth White, Jason Bloomberg, Yeshim Deniz

News Feed Item

Aerohive Wraps Up Successful Year with Rapid Expansion, New Funding, Prestigious Award Wins and Significant Customer and Channel Growth

Aerohive Networks, the pioneer in controller-less Wi-Fi and cloud-enabled enterprise networking, today announced 2012 to be a banner year for the company. In 2012 alone, Aerohive experienced explosive demand for their innovative, cloud-enabled Wi-Fi solutions that drove rapid company growth, significant customer wins and strategic partnerships. Key highlights include increasing shipments by 132 percent and closing out the year with a $100M run rate, securing $22.5 million in Mezzanine Equity financing, growing the Aerohive customer base to over 7,500 customers worldwide and being recognized as the 5th fastest growing technology company in North America.

News Facts

  • The mobile device explosion is driving increasing demand for enterprise Wi-Fi. In 2012 alone, Aerohive significantly grew its customer base with the addition of 4,500 new accounts, making strides in key verticals worldwide including healthcare, retail, education and the enterprise. The company increased shipments by 132 percent and closed out the year with a $100M run rate.
  • With over 7,500 customers worldwide, key customer wins include Brookdale Senior Living, the nation’s largest assisted living chain with nearly 600 facilities and over 60,000 residents; Hoogvliet, a Dutch supermarket chain with 62 supermarkets and 57 liquor stores, spread across The Netherlands, North Holland and Texas; and Tennessee Technological University, one of the nation’s top universities in the Southeast, according to Princeton Review.
  • The company has also been recognized as a leader by industry influencers. Most recently, Aerohive topped Deloitte's Technology Fast 500™ list at 5th place, making the company the 5th fastest growing technology company in North America. Earlier in the year, Aerohive was also named a “Visionary” in Gartner’s Wired and Wireless LAN Access Infrastructure 2012 Magic Quadrant. This is in addition to winning seven other industry awards in 2012 from organizations like AlwaysOn, CRN and eSchool Media.
  • In September, Aerohive announced $22.5 million in Mezzanine Equity financing, led by Institutional Venture Partners (IVP), a premier later-stage venture capital and growth equity firm. This was in addition to $72 million raised in previous rounds of funding since inception in 2006.
  • Aerohive also increased its market leadership with key new product releases. These releases included the industry’s first Bonjour Gateway, which enables enterprises to solve the challenge of supporting multiple Apple devices across multi-subnet enterprise networks—all for free. In addition to Bonjour Gateway, Aerohive released two new Access Points (APs): AP121 and AP141 designed to provide throughput and coverage at a cost-effective price point ideal for education, healthcare, retail and distributed enterprise environments. Aerohive also expanded its Branch on Demand product family with the BR200 Branch Router, which allows enterprises to connect, secure and manage branch office networks.
  • Aerohive extended its technological innovation into new arenas with strategic partnerships. In December, Aerohive teamed up with iPass Managed Network Services to form a managed Wi-Fi service partnership, delivering a secure Wi-Fi solution for the distributed enterprise and venue owners. Earlier in the year in June, Aerohive and JAMF Software announced an Integrated Mobile Device Management Solution for comprehensive management of Apple devices.
  • Lastly, Aerohive added key leadership positions to guide the company’s rapid growth in the hot cloud-enabled enterprise Wi-Fi space. New executive appointments included Dean-Hickman Smith as senior vice president of worldwide sales, Raphaël Gernez as vice president of operations and Kurt Mills as vice president of channel sales.

Comments

“In 2012 we focused on building our business and helping our customers get greater ROI from their Wi-Fi solutions, while expanding our market leadership into key verticals,” said David Flynn, chief executive officer, Aerohive Networks. “We are extremely proud of all we accomplished last year, and know we couldn’t have reached this level of success without the hard work of our dedicated team, amazing customers and strategic partnerships. We look forward to what’s in store for Aerohive in 2013.”

About Aerohive Networks

People want to work anywhere, on any device, and IT needs to enable them -- without drowning in complexity or compromising on security, performance, reliability or cost. Aerohive's mission is to Simpli-Fi these enterprise access networks with a cloud-enabled, self-organizing, service-aware, identity-based infrastructure that includes innovative Wi-Fi, VPN, branch routing and switching solutions.

Aerohive was founded in 2006 and is headquartered in Sunnyvale, Calif. The company's investors include Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Northern Light Venture Capital, New Enterprise Associates, Inc. (NEA) and Institutional Venture Partners (IVP). For more information, please visit www.aerohive.com, call us at 408-510-6100, follow us on Twitter @Aerohive, subscribe to our blog or become a fan on our Facebook page.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence a...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics ...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...