Aerohive Networks is a technology company.
Aerohive Networks has raised $72.0M across 4 funding rounds.
Aerohive Networks has raised $72.0M in total across 4 funding rounds.
Aerohive Networks has raised $72.0M in total across 4 funding rounds.
Aerohive Networks's investors include B Capital Group, Benchmark, Mathias Schilling, IVP, Menlo Ventures, Neotribe Ventures, Peter Bell.
Aerohive Networks was a technology company specializing in cloud-managed networking solutions, pioneering controller-less Wi-Fi, enterprise Wi-Fi, SD-WAN, routers, switches, and network management tools like HiveManager.[1][2][3][4] It served businesses of all sizes—including Fortune 500 companies, schools, education, healthcare, retail, and distributed enterprises—by solving the complexity and high costs of traditional hardware-dependent Wi-Fi networks through software-driven, scalable, secure, and simple deployments that reduced operational expenses and enabled high-quality experiences across offices, branches, and remote sites.[1][2][4] Founded in 2006 and acquired by Extreme Networks in August 2019 for $272 million, Aerohive integrated its cloud platform into Extreme's portfolio, enhancing edge-to-cloud networking with AI, machine learning, and Wi-Fi 6 innovations before operating as a subsidiary.[2][3][5]
Aerohive Networks was founded in 2006 in Sunnyvale (later Milpitas), California, by innovators who identified limitations in the Wi-Fi market's standard hardware-based approach using wireless LAN controllers.[1][2][3][5] The core idea emerged from shifting protocols to software, eliminating expensive controllers to build more efficient networks, which drove early traction by simplifying deployments and expanding into routers, switches, and broader networking.[1] Key milestones included launching HiveManager for cloud management, introducing software-defined LAN (SD-LAN) in 2017, and delivering the first Wi-Fi 6 access points and pluggable APs, culminating in its 2019 acquisition by Extreme Networks, which preserved its technology while scaling global operations across North America, EMEA, and APAC.[2][5]
Aerohive rode the shift from hardware-centric to cloud-native networking amid exploding mobile connectivity, BYOD trends, and distributed workforces, timing its 2006 launch perfectly as enterprises demanded simpler, scalable Wi-Fi beyond "trust inside, distrust outside" models.[1][4] Market forces like rising cloud adoption, AI/ML for automation, and Wi-Fi 6/edge computing favored its controller-less innovations, influencing the ecosystem by popularizing subscription cloud management and SD-LAN, which Extreme Networks amplified post-2019 for end-to-end automation.[2][5] It shaped competition toward software-defined, cost-effective solutions, benefiting sectors like education and healthcare with global reach via partners.[2]
Post-acquisition, Aerohive's technologies fuel Extreme Networks' cloud leadership, with expected $24-27 million in annual synergies from integrated AI/ML and edge solutions.[5] Next steps likely involve deeper AI automation, Wi-Fi 7 expansion, and hybrid cloud-on-premises fabrics amid 5G, IoT, and zero-trust trends shaping networking.[2][5] Its influence endures as a blueprint for efficient, customer-driven networking, evolving Extreme's portfolio to dominate digital transformation—echoing its founding disruption of rigid Wi-Fi paradigms.[1][5]
Aerohive Networks has raised $72.0M across 4 funding rounds. Most recently, it raised $23.0M Series E in September 2012.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2012 | $23.0M Series E | B Capital Group, Benchmark, Mathias Schilling, IVP, Menlo Ventures, Neotribe Ventures, Peter Bell | |
| Mar 1, 2011 | $25.0M Series D | B Capital Group, Menlo Ventures, Neotribe Ventures, Peter Bell | |
| Jul 1, 2007 | $20.0M Series B | Menlo Ventures, Peter Bell | |
| Jun 1, 2006 | $4.0M Series A |