Forward Networks, a Santa Clara, CA-based supplier of digital twin community modeling software program for enterprise networks, raised $50M in Collection D funding.
The spherical was led by MSD Companions, L.P., Part 32,Omega Enterprise Companions, Goldman Sachs Asset Administration, Threshold Ventures, A. Capital and Andreessen Horowitz. Moreover, Victor Hwang, managing director and co-head of MSD Development, joined the Ahead Networks board of administrators.
The corporate intends to make use of the funds to speed up progress, develop operations and its enterprise attain.
Led by CEO David Erickson, Ahead Networks gives software program that delivers a digital twin of the community, enabling community operators to make sure that the community is safe, dependable, and agile. The platform helps gadgets from networking distributors and cloud operators, together with AWS, Azure, and Google Cloud Platform.
Since its final spherical of funding in 2019, Ahead Networks has quadrupled its buyer base, opened new headquarters in Santa Clara, California and prolonged its growth group with an workplace in Bangalore, India. The corporate achieved 139% ARR progress from FY2021 to FY2022.