Expand Networks (liquidated)

Founded 1998

Roseland, United States 39 employees Venture round Total: $76.20M Hardware, Information Technology

Expand Networks was a pioneering technology company in the Wide Area Network (WAN) Optimization market. Founded in 1998, it became the leading provider of "Virtual Proximity" solutions with a substantial customer base of over 4,500 and more than 50,000 units deployed. It also held the industry's largest installation of over 4,200+ devices. On 11 January 2012, the company was liquidated, and its assets were mainly acquired by Riverbed Technology, which subsequently discontinued all of Expand Networks' products and support. The last significant funding came from Intel Capital with an $8.50M Venture Round investment on 26 August 2008. Expand Networks operated in the Hardware and Information Technology industries, with its headquarters in the United States. Despite its impactful early growth and industry recognition, the company's liquidation and asset sale represent a cautionary tale about the volatile nature of technology markets and the challenges faced by some pioneering tech companies.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$8.50M	1	Intel Capital	26 Aug 2008
Venture Round	$33.70M	5	Vertex Ventures, Vertex Ventures Israel +3	02 May 2007
Series E	$9.00M	3	The Challenge Fund, DFJ TelAviv Venture Partners +1	12 Aug 2005
Series C	$25.00M	1	AOL	11 Oct 2000

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$8.50M

Intel Capital

26 Aug 2008

Venture Round

$33.70M

Vertex Ventures, Vertex Ventures Israel +3

02 May 2007

Series E

$9.00M

The Challenge Fund, DFJ TelAviv Venture Partners +1

12 Aug 2005

Series C

$25.00M

AOL

11 Oct 2000

FAQ About Expand Networks (liquidated)

Expand Networks was a technology company that helped pioneer the Wide Area Network (WAN) Optimization market. Founded in 1998, Expand Networks has grown to be the leading provider of "Virtual Proximity" solutions over the Wide Area Network. Expand Networks has more than 4,500 customers with over 50...

Expand Networks (liquidated) was founded in 1998.

Expand Networks (liquidated) is headquartered in Roseland, United States.

Expand Networks (liquidated) operates in Hardware and Information Technology. Its work centres on Technology company, WAN optimization, Virtual Proximity and Network solutions.

Expand Networks (liquidated) has approximately 39 employees.

Expand Networks (liquidated) has completed 4 funding rounds, raising a total of $76.20M. The latest funding stage is Venture round.

Expand Networks (liquidated)

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About Expand Networks (liquidated)

Funding Rounds & Investors (4)

FAQ About Expand Networks (liquidated)