SUNNYVALE, Calif.--(BUSINESS WIRE)--
leader in controller-less Wi-Fi and cloud-managed mobile networking
for the enterprise market, today announced 2013 to be a year
of growth for the company, with milestones in customer acquisitions,
strategic partnerships, executive team expansion, and award wins.
Aerohive finished 2013 with more than 13,100 customers compared to 7,500
at December 31, 2012 – a 74 percent year-over-year customer growth from
2012 to 2013. Aerohive also announced shipping its 500,000th
access point in late November, demonstrating the continued demand
Aerohive has seen for its cloud networking solutions. Aerohive was also
named by Deloitte as the
fourth fastest growing Communications/Networking company in North
The rise of mobile and BYOD adoption in today’s market is driving
enterprise-class Wi-Fi demand across every major industry. This demand
has helped grow Aerohive’s global customer base to more than 13,100
end customers worldwide at the end of 2013, with over 5,000 new
customers selecting Aerohive in 2013 to meet their connectivity needs.
Corporate and Customer Growth
Aerohive has made significant strides in 2013 with customer wins
across the retail, distributed enterprise, healthcare and education
sectors. Additions include Great
Clips, the franchisor of the largest hair care brand in the world
with over 3,500 salons and $1 billion in system revenue, Memorial
Hermann Health System, one of the nation’s top
five large health systems according to Thomson Reuters, and Harvard
Square, a historic and well-trafficked destination in Cambridge,
Other customer wins in 2013 include one of the nation's largest
quick-service restaurant chains with over 3,400 locations worldwide, a
370-location clothing retailer, a global automotive supplier with over
65,000 employees and one of the “World’s Most Admired” life insurance
companies as named by Fortune.
To help guide this growth in 2013, Aerohive expanded its management
team, adding David
Greene as chief marketing officer to lead its global go-to-market
C. Brooks as chief financial officer and Steve Debenham as general
counsel. In September 2013, Aerohive also added Remo
Canessa, chief financial officer of Infoblox, as a board member
and chair of Aerohive’s audit committee.
One year ago Aerohive also launched HiveNation,
a brand new online community for customers, thought leaders and
evaluators to share ideas, ask questions and give praise.
Aerohive’s customer growth can be attributed to its portfolio of
enterprise-class access points, including its new 802.11ac AP370
and AP390 products released in October.
In March 2013, Aerohive added its new SR
series switches to its product portfolio, delivering a unified
access layer solution to greatly simplify network management and
provisioning. The enterprise-class switches provide granular
visibility into who and what is on the network, providing
single-pane-of-glass management and enabling a mobile-centric network
Aerohive also announced earlier in 2013 its Application
Visibility and Control (AVC) capability. AVC delivers
granular visibility and control of almost 1000 different applications,
enabling organizations to see what applications are in use and
prioritize application and network access based on user context, such
as user identity, device type, location and time of day.
In 2013, Aerohive expanded its reach in key markets with strategic
technological and business partnerships. Aerohive kicked off 2013 by partnering
with AirWatch, announcing a platform integration (API) with the MDM
solution provider. This integration enables retailers and enterprise
environments to easily monitor and secure mobile POS and other device
Aerohive also partnered
with leading retail analytics company Euclid
to create a Wi-Fi offering for brick-and-mortar retailers that
provides actionable shopper insights.
Apple selected Aerohive’s mobile networking technology as the only
third-party, enterprise-class Wi-Fi solution available in Apple Online
Stores in North America. This followed Apple’s choice earlier in March
2013 of Aerohive’s access points for availability in Apple’s Online
Stores in Europe.
Building upon Aerohive’s channel momentum, Education
Networks of America (ENA), an education-focused managed
Infrastructure-as-a-Service (IaaS) provider, selected
Aerohive’s technology in 2013 as a key underpinning for ENA Air,
Wi-Fi service. After a competitive purchasing process, the Idaho
State Department of Education chose the ENA Air solution that will
provide every Idaho public high school with wireless infrastructure.
Aerohive’s technological innovation and growth were also recognized by multiple
industry awards, including the Deloitte
Technology Fast 500 Awards list, which ranked Aerohive the fourth
fastest growing Communications/Networking company in North America, based
on annual revenue growth from 2008 to 2012. According to the
Deloitte Fast 500 list, Aerohive’s annual revenue grew 6,550 percent
over that period.
In November, Aerohive was ranked seventh out of 52 companies on Silicon
Valley/San Jose Business Journal’s 2013 list of fastest growing
private companies in Silicon Valley. This ranking was based on the
percent change revenue from 2010 to 2012 reported by the companies
Aerohive was also recognized in 2013 by Gartner, Inc. in the “Visionaries”
quadrant of the 2013 Magic Quadrant for Wired and Wireless LAN
“Since inception, Aerohive has grown to help major organizations in
every industry adapt to today’s mobile explosion and the need for
enterprise-class Wi-Fi, and 2013 was no exception,” said David Flynn,
chief executive officer of Aerohive Networks. “2013 has been a banner
year for us with many milestones in every corner of our business. We’re
proud to announce our accomplishments and continued market leadership in
About Aerohive Networks
Aerohive was founded in 2006 and is headquartered in Sunnyvale, Calif.
The company's investors
include Institutional Venture Partners (IVP),Kleiner Perkins
Caufield & Byers, Lightspeed Venture Partners, New Enterprise
Associates, Inc. (NEA) and Northern Light Venture Capital.For
more information, please visit www.aerohive.com,
call us at 408-510-6100, follow us on Twitter @Aerohive,
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“Aerohive” is a registered trademark of Aerohive Networks, Inc. All
product and company names used herein are trademarks or registered
trademarks of their respective owners. All rights reserved.
Jenni Adair, 408-510-6117
Source: Aerohive Networks, Inc.