10 Hot Networking Companies With IPO Potential


Aerohive Networks

Founded: 2006

Aerohive's low-cost wireless LAN products are getting hot just at the right time: wireless LANs have become necessities (as opposed to luxuries), solution providers with a focus on infrastructure have renewed their focus on developing true, dedicated wireless practice, the ratification of the 802.11n standard has expanded the opportunities that much more, and cloud and infrastructure-as-a-service opportunities mean a whole new world in wireless-oriented managed services. Aerohive -- a consistently mentioned IPO possibility for a few years now -- would seem to be buzzing right in the thick of those trends. It also has a retooled channel program on the way this spring, and Aerohive in mid-March secured a $23.5 million round of Series C equity funding.