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|Traded as||NYSE: HIVE|
|Headquarters||Milpitas, California, U.S.|
|David Flynn (CEO)|
|Total assets||US$ 144.254 million (2014)|
Number of employees
Aerohive Networks is an American multinational computer networking equipment company headquartered in Milpitas, California with additional offices in the United Kingdom and China.  Founded in 2006, it provides wireless networking to medium-sized and larger businesses.
In the years since founding, the company has been focusing on venture capital funds and expanding in international markets which have included it's 2011's acquisition of competitor Pareto Networks, which entered the company it into cloud management. The period of 2009 to 2012 saw rapid asset expansion, experiencing triple-digit growth each year. However currently the company has not been expanding as much as seen with financial filings with the SEC. The company has gone public in 2013.Before the IPO, many analysts mentioned the company was an ideal company to IPO, and/or be acquiried by a larger company such as HP or Dell. However, no company has expressed interest in an acquisition.
The company has garnered attention by being on The Wall Street Journal's list of "Top 50 Start-Ups."
Controller-less Wi-Fi: Cooperative Control Architecture
Aerohive developed a controller-less wireless LAN architecture called Cooperative Control, which provides all the performance, availability, management, mobility, and security needed in a large campus deployment, and, with the elimination of controllers in the architecture, is appropriate even in small branch office and warehouse deployments.
This controller-less architecture also enables secure, scalable, high-performance, and mission-critical wireless networking in a manageable and cost-effective way to industries such as education, healthcare, state and local government, manufacturing, distribution, and retail.
Aerohive acquired privately held cloud-based networking vendor, Pareto Networks, in January 2011. Pareto’s cloud-based networking technology was integrated with Aerohive's operating system (HiveOS) and Cloud Services Platform (HiveManager Online), resulting in the BR100 and BR200 branch routing products.
Aerohive most recently received $22.5 million in Mezzanine Equity financing, led by Institutional Venture Partners (IVP), a later-stage venture capital and growth equity firm. Existing investors Kleiner Perkins Caufield & Byers (KPCB), Lightspeed Venture Partners, New Enterprise Associates (NEA), Northern Light and Four Rivers also participated in the round.
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