Fortinet Inc.

Fortinet Inc.

Fortinet Inc.

Date Founded


Type of Company


Employees (Worldwide)



Computer Software
Wireless Telecommunications
Other Business & Consulting Services
IT Consulting & Services

Company Description

Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and a market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2011 Fortune Global 100. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world. Founded in 2000 by Ken Xie, the visionary founder and former president and CEO of NetScreen, Fortinet is led by a strong and seasoned management team with deep experience in networking and security. Fortinet's market position has been validated by widespread recognition by industry analysts, business organizations, and media. Fortinet's flagship FortiGate security appliances deliver ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Our broad product line of complementary solutions goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications. Fortinet's Yearly Revenue Growth Fortinet generated $434m revenue and 34% year-over-year growth in 2011. The company is solidly profitable with more than $600M in cash, and has been cash flow positive for more than six years.

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Executives & Employees



Chief Financial Officer & Chief Accounting Officer

Secretary, Vice President & General Counsel

Chief Information Security Officer

Senior Executive Vice President, Worldwide Sales & Support

Executive Vice President, Products & Solutions

Senior Vice President, Global Corporate Communications & Customer Marketing

Senior Vice President, Global Marketing

Senior Vice President, Human Resources

Board of Directors

Co-Founder at Fortinet Inc.

Chief Marketing Officer at Oracle Corp.

Co-Founder at Neukom Family Foundation

Former Governor of Washington

Chairman of the Board, President & Chief Executive Officer at Fulgent Genetics, Inc.

Dean's Executive Professor-Accounting-Leavey School of Business at Santa Clara University

Co-Founder at Fortinet Inc.

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Fortinet Inc.
Owners & Shareholders
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MGI's investment strategies include equities, fixed income and alternatives. For equities, the firm incorporates a range of both long-only and long/short strategies - covering most major stock markets, and a number of different investment styles. They believe that success in equity investing requires a high degree of specialism, with investment approaches honed to reflect the distinctive nuances of diverse stock markets. MGI's fixed income team offers capabilities in multi-sector bonds (including both absolute-return and market-relative strategies), corporate bonds, including financials contingent capital bonds (often known as \"CoCos\") and both local- and hard-currency emerging market bonds. The portfolio managers and analysts who specialize in these areas collaborate to share ideas on strategy, positioning and research - as well as developing a holistic view of the fixed income market. For alternatives, the firm believes that allocating to alternatives can provide a stable cornerstone for building a successful portfolio. Their offering includes capabilities in equity market neutral, directional equity long/short, gold and silver, style premia and systematic positive skew (short term managed futures) strategies. The strategies aim to deliver strong risk-adjusted returns while limiting downside, across a range of annualized target volatilities.

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Altshuler Shaham MFM is an active manager which offers a range of mutual funds

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Smith Asset Management Group (SAM) manages the investment and reinvestment of clients' assets through the investment in various securities including equities, and, in certain cases, money market instruments. Smith Group seeks to identify companies with undiscovered growth potential and to create portfolios designed to produce attractive return patterns. Using both quantitative and qualitative analysis, they invest in high quality companies that are poised to accelerate earnings growth and exceed investor expectations. Under normal market conditions, the firm invests in common stocks and other equity securities. These securities may be traded over the counter or listed on an exchange. Smith Group's primary investment strategies include: Growth and Core/Growth. Their core-oriented strategies include: Large Cap Focused Growth, Large Cap Defensive Growth, Large Cap Diversified Growth, Dividend Growth, Global Large Cap Equity, Small Cap Diversified Growth, and Small Cap Focused Growth.

Recent Transactions
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Fortinet Inc. purchases Zonefox Holdings Ltd. from Scottish Investment Bank Ltd., TRI Capital Ltd., Archangel Informal Investment Ltd.

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Fortinet Inc. purchases Bradford Networks, Inc. from Updata Management LLC, Windspeed Ventures, Eastward Capital Partners LLC

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Fortinet Inc. purchases AccelOps, Inc. from ATA Ventures Management LLP, U.S. Venture Partners, Miramar Venture Partners

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onFortinet Inc. purchases Zonefox Holdings Ltd. from Scottish Investment Bank Ltd., Archangel Informal Investment Ltd., TRI Capital Ltd.


Advised onFortinet Inc. issued Common Stock


Advised onFortinet Inc. issued Common Stock

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Advised onFortinet Inc. purchases Zonefox Holdings Ltd. from Scottish Investment Bank Ltd., Archangel Informal Investment Ltd., TRI Capital Ltd.


Advised onFortinet Inc. purchases AccelOps, Inc. from U.S. Venture Partners, ATA Ventures Management LLP, Miramar Venture Partners


Advised onFortinet Inc. purchases AccelOps, Inc. from U.S. Venture Partners, ATA Ventures Management LLP, Miramar Venture Partners

Advisors & Consultants
Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Chairman & Chief Executive Officer at SecureAuth Corp.

Legal Advisor

Former Co-Chair, Securities & Corporate Finance at Fenwick & West LLP


SYNNEX Corp. engages in the provision of distribution, logistics, and integration services for the technology industry. It offers outsourced services focused on customer engagement strategy. It operates its business through the following segments: Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals, IT systems including data center server and storage solutions, system components, software, networking equipment, consumer electronics, and complementary products. The Concentrix segment offers a portfolio of strategic solutions and end-to-end business services focused on customer engagement strategy, process optimization, technology innovation, front and back-office automation and business transformation to clients in ten identified industry verticals. The company was founded by Robert T. Huang in November 1980 and is headquartered in Fremont, CA.

Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions, with 2011 sales of $21.4 billion. Arrow serves as a supply channel partner for more than 120,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 390 locations in 53 countries. A Fortune 200 company with 15,700 employees worldwide, Arrow brings technology solutions to a breadth of markets, including telecommunications, information systems, transportation, medical, industrial and consumer electronics.

Now more than ever it's important to have an IT solutions partner who can help you accomplish more of your IT goals, achieve new efficiencies and realize cost savings every step of the way. Whether you need fast access to essential technologies or the support of technical experts for the strategic planning and deployment of solutions, Insight can help. Insight's unique model combines an array of advanced services and expert technical resources with a far-reaching supply chain to provide you the level of solution support you need – whenever you need it. Our technology practices bring deep technical skills in vital solution areas to help you implement strategic technologies. Our Lifecycle and Management Services give you new ways to balance changing IT priorities and limited resources. Insight's broad technical scope and capabilities offer a single-source for diverse IT goals. With a complete portfolio of hardware, software and services, Insight can help you at every stage – from planning to implementation to ongoing management. Let us know how we can help keep your IT strategy moving forward

Key Stats and Financials As of 2018
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HyTrust, Inc. provides cloud security automation solutions. It offers HyTrust CloudControl, a control point that adds critical authentication, authorization and auditing for administrators of virtual infrastructure. The firm's solution simplifies compliance and provides control and visibility into private clouds. It also offers HyTrust DataControl, a solution that provides strong encryption for virtual machines in any public or hybrid cloud, along with easy to deploy key management. The firm offers compliance, private cloud controls, virtual machine encryption and HyTrust boundary controls. The company was founded by Renata Budko, Eric Chiu, Boris Strongin and Boris Belov in 2007 and is headquartered in Mountain View, CA.

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UBIqube (Ireland) PLC develops software for network and security management services. It offers Cloud Security, SD-Wan and Service Orchestration. The company was founded by Nabil Lawrence Souli on 23rd April 2014 and is headquartered in Dublin, Ireland.

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Centrify Corp. provides identity management software solutions. Its solutions include secure cloud and on-premises apps, multi-factor authentication, privileged access management, secure hybrid cloud, big data security, risk-based access control, and secure develops. The firm also offers application, endpoint, infrastructure, analytics, and federal CAC reader platform services to automotive and energy, banking and finance, defense and government, education, internet and entertainment, manufacturing and construction, and pharma and health industries. The company was founded by Thomas R. Kemp, Paul Moore and Adam W. Au in 2004 and is headquartered in Santa Clara, CA.

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Venture Advisor at Relay Ventures

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DEFTA Corp. focuses primarily on seed and first round investments in early-stage information technology companies. The firm seeks to invest in companies in which global opportunities will accelerate growth

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Senior Vice President at D.E. Shaw & Co., Inc.

Advanced Micro Devices, Inc. Pension Funds & Sovereign Wealth | Sunnyvale, California

Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the Computing & Graphics and Enterprise, Embedded & Semi-Custom segments. The Computing and Graphics segment includes desktop and notebook processors and chipsets, and discrete and integrated graphics processing units. The Enterprise, Embedded and Semi-Custom segment comprises of server and embedded processors, semi-custom systems-on-chips products, development services, technology for game consoles and licensing portions of its intellectual property portfolio. The company was founded by W. J. Sanders III on May 1, 1969 and is headquartered in Santa Clara, CA.

Intel Corp. IT Consulting & Services | Santa Clara, CA

Intel Corporation is an American multinational semiconductor chip maker corporation headquartered in Santa Clara, California. Intel is the world's largest and highest valued semiconductor chip maker, based on revenue. It is the inventor of the x86 series of microprocessors, the processors found in most personal computers. Intel Corporation, founded on July 18, 1968, is a portmanteau of Integrated Electronics (the fact that "intel" is the term for intelligence information was also quite suitable). Intel also makes motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphic chips, embedded processors and other devices related to communications and computing. Founded by semiconductor pioneers Robert Noyce and Gordon Moore and widely associated with the executive leadership and vision of Andrew Grove, Intel combines advanced chip design capability with a leading-edge manufacturing capability. Though Intel was originally known primarily to engineers and technologists, its "Intel Inside" advertising campaign of the 1990s made it and its Pentium processor household names.

Broadcom Corp. Semiconductors | Singapore, Central Region

Broadcom Corporation (NASDAQ: BRCM), a FORTUNE 500® company, is a global leader and innovator in semiconductor solutions for wired and wireless communications. Broadcom® products seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. With the industry's broadest portfolio of state-of-the-art system-on-a-chip and embedded software solutions, Broadcom is changing the world by Connecting everything®.

Palo Alto Networks, Inc. Computer Software - Santa Clara, CA

Palo Alto Networks, Inc. engages in the provision of network security solutions to enterprises, service providers, and government entities. It operates through the following geographical segments: Americas; Europe, the Middle East, and Africa; and Asia Pacific and Japan. The company was founded by Nir Zuk, Rajiv Batra and Yu Ming Mao in February 28, 2005 and is headquartered in Santa Clara, CA.

FireEye, Inc. Computer Software - Milpitas, CA

FireEye, Inc. operates as a intelligence-led security company, which engages in the intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other. Its solutions include Enterprise Security; Managed Security; Threat Intelligence; and Industry Solutions. The company was founded by Ashar Aziz in February 2004 and is headquartered in Milpitas, CA.

Cisco Systems, Inc. IT Consulting & Services - SAN JOSE, CA

At Cisco (NASDAQ: CSCO) customers come first and an integral part of our DNA is creating long-lasting customer partnerships and working with them to identify their needs and provide solutions that support their success. The concept of solutions being driven to address specific customer challenges has been with Cisco since its inception. Husband and wife Len Bosack and Sandy Lerner, both working for Stanford University, wanted to email each other from their respective offices located in different buildings but were unable to due to technological shortcomings. A technology had to be invented to deal with disparate local area protocols; and as a result of solving their challenge - the multi-protocol router was born. Since then Cisco has shaped the future of the Internet by creating unprecedented value and opportunity for our customers, employees, investors and ecosystem partners and has become the worldwide leader in networking - transforming how people connect, communicate and collaborate. Please view Cisco's Corporate Overview Presentation for more information. Quick Facts Founded in 1984 NASDAQ: CSCO Q4 FY'12 Revenue: $11.7 billion Q4 FY'12 Employee Count: 66,639

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