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Forward Networks

Forward Networks

Private
Santa Clara, CaliforniaTelecommunications & Networkinghttps://www.forwardnetworks.com/

Last Round

Series D

Jan 24, 2023

Est. Valuation

$47.77M

Total Funding Raised

$112M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Forward Networks is a software company that provides a network assurance and verification platform designed to predict network behavior and mitigate operational business risk using a mathematically accurate digital twin.

Sector

Telecommunications & Networking

Verticals

Network Analytics, Software-Defined Networking, Network Security, Compliance & Risk

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

network digital twinnetwork assurancenetwork verificationnetwork observabilitynetwork source of truthnetwork automationnetwork security auditingnetwork policy compliancenetwork troubleshootingcontinuous diagnostics and mitigationCDMnetwork path analysisintent-based networkingnetwork visibilitynetwork modelingnetwork configuration management

Historical Pricing

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Caplight Momentum Score

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Forward Networks Comparables

Compare Forward Networks with similar companies based on industry and business-model similarity.

Forward Networks comparables — related companies by embedding similarity
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IP Fabric
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Kentik
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Forward Networks Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series DJan 24, 2023
Series COct 8, 2019
Series BAug 23, 2017
Series ANov 25, 2014

Key People

Founding team and executive leadership

Brandon Heller

Co-Founder CTO

Founding Team

Nikhil Handigol

Chief AI Officer, Co-Founder

Founding Team

Forward Networks Investors

Notable investors and investment history

Forward Networks investors
InvestorRounds
Andreessen HorowitzSeries B, Series D, Series C, Series A
S32Series D
SV AngelSeries A
Threshold VenturesSeries D, Series C
Goldman Sachs Asset Management Private EquitySeries D
A. Capital VenturesSeries B, Series D, Series A, Series C
BDT & MSD PartnersSeries D

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors increased 39% MoM.

  • Jul 25, 2026

    Monthly visitors increased 30% MoM.

Recent news

Latest coverage and updates

  • recognized_asAug 31, 2026

    Forward Networks recognized as Fortune Cyber 60 on Aug 31st '26.

  • recognized_asAug 31, 2026

    Forward Networks recognized as Cool Vendor on Jul 1st '13.

  • recognized_asJul 1, 2026

    Forward Networks, Inc. recognized as Best Vulnerability Management and Assessment Product category at Globee(R) Awards for Pioneers on Jul 1st '26.

  • receives_awardJul 1, 2026

    Forward Networks, Inc. received award Gold Globee(R) Award in the Best Vulnerability Management and Assessment Product category at Globee(R) Awards for Pioneers on Jul 1st '26.

  • receives_awardJul 1, 2026

    Forward Networks, Inc. received award two Cybersecurity Awards at Globee(R) Awards for Pioneers on Jul 1st '26.

Forward Networks Filings

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Forward Networks filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Forward Networks's valuation, stock price, and market status.

Is Forward Networks a public or private company?

Forward Networks is a private company.

What is the current stock price of Forward Networks?

Forward Networks is a private company with no public stock price. No recent secondary market data is available.

How much is Forward Networks worth (valuation)?

Forward Networks's valuation is estimated at $47.8M based on funding round data.

Can I buy Forward Networks stock?

Forward Networks shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Forward Networks's last funding round?

Forward Networks's most recent funding round was Series D on November 26, 2014.

Who are the main investors in Forward Networks?

Key investors in Forward Networks include Andreessen Horowitz, BDT & MSD Partners, Draper Fisher Jurvetson Management, Goldman Sachs Group, Inc..

Will Forward Networks IPO soon?

No public IPO plans have been announced for Forward Networks.

How can I track Forward Networks secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Forward Networks's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSanta Clara, California
Employee Range209
Year Founded2013
Last FundingJan 24, 2023

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