F5 Networks doesn’t get a lot of press. But the Seattle company, which makes software and hardware products to speed up the delivery of applications over the Internet, continues to bolster revenues and profits. On Tuesday, the company reported that it had topped more than $1 billion in revenue for the 2011 fiscal year, a… Read More…
360Networks, a Seattle provider of fiber network and telecommunication services, has been acquired by Zayo Group in a deal of undisclosed size. It marks the 17th acquisition for Zayo in the past four years and the largest in the Louisville, Colorado company’s history. 360Networks was started by former Microsoft chief financial officer Greg Maffei, who… Read More…
Shares of F5 Networks fell more than seven percent in after hours trading today following a disappointing fiscal third quarter earnings report. The Seattle company, which makes hardware and software to speed up the delivery of applications on the Internet, posted net income of $62.5 million on revenue of $290.7 million. That compared to net… Read More…
Clearwire today announced that it has added nearly 100 new cellular towers and bolstered its overall coverage in the Seattle area, expanding the network to cover as many as 240,000 people. It is the biggest expansion of the company’s network in the Seattle area since it launched here in December 2009. Working in conjunction with… Read More…
Spectrum Networks co-founder John van Oppen likes to describe his team as a group of nerds who thrive on speed. Internet speed, that is. van Oppen’s profitable 4-year-old company, which just landed $1 million in financing from Trilogy Equity Partners, brings some of the fastest Internet connections to businesses and condominiums in the region. How… Read More…
ExtraHop Networks didn’t have to raise cash. But the fast-growing company has reeled in $14 million in a hot, oversubscribed venture capital round led by Meritech Capital Partners. “There was a lot of interest,” CEO Jesse Rothstein tells GeekWire. Part of the reason is that the company has been adding customers at a rapid clip… Read More…
It’s been a tough few days for Seattle area high-tech companies. First, Amazon.com’s EC2 service went down, causing alarm among many startups that rely on AWS. Now, word is that Clearwire — the Kirkland-based mobile broadband company — experienced a failure of its Seattle area network earlier today. The company says that the problem has… Read More…
F5 Networks today posted strong financial results for its fiscal second quarter, sending shares of the Seattle company on a rocket ride. The stock gained seven percent in regular trading, and was up another 11 percent after the closing bell. F5, which makes hardware and software to speed up the delivery of applications on the… Read More…
ExtraHop Networks is adding some horsepower in the executives offices, tapping former RadioFrame and Newpath Networks executive Palvi Mehta as chief financial officer. ExtraHop, which helps companies monitor the performance of applications, has been undergoing a significant growth spurt in recent months. Spokesman Justin Baker says the company has more than tripled its workforce in… Read More…
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