Expand Networks

Expand Networks

Virtual proximity solutions over wan.

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$10.0m

Valuation: $10.0m

Acquisition
Total Funding000k
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More about Expand Networks
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Expand Networks was a technology firm established in 1998, specializing in Wide Area Network (WAN) optimization. The company was co-founded by Talmon Marco and was originally based in Tel Aviv, Israel, later establishing a U.S. headquarters in Roseland, New Jersey. Over its 13-year history, Expand Networks secured significant venture capital, raising between $70 million and $100 million from investors including Intel Capital, Time Warner Inc., and RBC Capital Markets.

The company's core business involved developing and providing application accelerators and WAN optimization solutions to enterprise and public sector clients. Its product line was designed to improve the performance of applications accessed over wide area networks, which was particularly beneficial for organizations with remote offices or those reliant on satellite-based links. Expand Networks offered its technology through physical appliances, virtual appliances, and mobile deployment options, managed by a central software platform. This optimization architecture was recognized for its support of virtualized environments and its ability to function across various network layers.

Despite its technological achievements and recognition as a leader in its field by research firms, the company faced operational challenges. In 2010, it recorded revenues of $11 million while incurring monthly losses. Following a petition from a lender, Expand Networks was placed in receivership in October 2011 and was subsequently liquidated. In January 2012, Riverbed Technology, a competitor, acquired most of the assets of Expand Networks, including its intellectual property and customer list, for approximately $10 million. Riverbed's primary interest was in the company's customer base, particularly in Europe, the Middle East, Africa, and parts of Asia, and it did not continue to sell Expand's product line due to overlap with its own offerings.

Keywords: WAN optimization, application acceleration, network performance, wide area network, Talmon Marco, Riverbed Technology acquisition, network management software, virtual WAN appliance, enterprise networking, application delivery, Tel Aviv tech, satellite network optimization, circuit emulation, service delivery switch, packet networking, network virtualization, data center interconnect

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Investments by Expand Networks

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ACQUISITION by Expand Networks May 2006