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Foundry Networks  (Stock symbol: FDRY ) Acquired by Brocade Communications Systems (2008 $ 3,000,000,000 )

4980 Great America Parkway
Santa Clara, CA 95054
Website Company Summary Management Team

Outside board: (May no longer be on the board) AlFred J Amoroso (IP Infusion);  Celeste Volz Ford (Stellar Solutions CEO) Alan L Earhart (PricewaterhouseCoopers Managing Partner);  C Nicholas Keating (IP Fusion CEO) Andrew K Ludwick (Bay Networks CEO) Seth Neiman (Crosspoint Venture Partners)
Former outside board: J Steven Young (SF 49er QB)

Business description: Foundry Networks, Inc. (NASDAQ: FDRY) is a leading provider of high-performance enterprise and service provider switching, routing and Web traffic management solutions including Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4 - 7 Web switches and Metro Routers. Foundry's 6,200 customers include the world's premier ISPs, Metro service providers, and enterprises including e-commerce sites, universities, entertainment, health and wellness, government, financial, and manufacturing companies.
Customers include: AOLBaidu BBCCableAndWirelessCernerComcastDeutsche BankEarthLinkFreescale Semiconductor IncyteLimelight Networks Overstock.comRakutenSyntel U.S. ArmyUniversity of MiamiVerioYahoo!;  Air Force and Navy;  Air2web ;  Alabama AandM University ;  Amsterdam internet Exchange;  Cardiff University;  China Computer World ;  China Telecom;  Citistreet ;  City of Tulsa;  Clark Country;  Elder Health ;  Florida AandM University;  Florida's Department Of Transportation ;  Global Electronic Technology ;  Hostway ;  Institut National de Recherche en Informatique et en Automat;  Kirkwood Community College ;  Kyodo;  LAIKA ;  Lava Trading;  Maskatel, Téléphone Drummond And Téléphone Guèvremont ;  Meskwaki Casino ;  MSN;  NASA and the National Space Development Agency of Japan;  Nevada School District;  Peter Kiewit Institute ;  Salt Lake City;  Sharp HealthCare ;  Stafford County Public Schools ;  TaylorMade-adidas Golf Company;  Telstra Europe ;  The British Library ;  The Peter Kiewit Institute;  The University of Washington;  University of Alabama at Birmingham;  University of Birmingham ;  University of Strathclyde;  Virginia Military Institute;;  Weta Digital;  WIDE;  XM Radio ;  Zen Internet
Partners include: AvayaBlue Coat SystemsBlueArcCheck Point Software TechnologiesChelsio CommunicationsCompaqHPIngrian NetworksInktomiLevel 5 NetworksLucent TechnologiesNetAppNetScout SystemsNetScreen TechnologiesNovellSecure Computing Sonus NetworksSun MicrosystemsUniversity of Miami;  Ammasso;  Aprisma;  D-Link India;  Host Logic;  InMon Internet Monitoring;  inMon Traffic Server;  MetaSolv ;  Mitel Networks ;  SysKonnect

Rounds: 3
Capital raised: 29.5M
Ownership: Acquired by Brocade Communications Systems (2008 $ 3,000,000,000 )
Stock Symbol: FDRY
Corporate investors: Informix SoftwareSun Microsystems;  GESD Castling;  MitsuiAndCo.

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Record updated: Jul 2008
Sector: Communications
Year Founded: 1996
Headcount: 501-600 as of Jun 2003
Rounds: 3
Capital Raised: 29.5M
Ownership: Acquired by Brocade Communications Systems (2008 $ 3,000,000,000 )
Stock Symbol: FDRY