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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 25%

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

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Caplight Momentum Score

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Forward Networks Comparables

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Forward Networks comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
IP Fabric
85%
NetBrain Technologies
82%
Itential
75%

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

David Erickson

CEO

Executive 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.

  • Apr 15, 2026

    Product named Best in Category for Most Innovative Enterprise Security Solution.

  • Apr 15, 2026

    Attended the 2026 Globee Awards for Cybersecurity.

Forward Networks Filings

SEC and related filings with document metadata.

Data table
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Forward Networks Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSanta Clara, California
Employee Range256
Year Founded2013
Last FundingJan 24, 2023

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