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Avi Networks

Avi Networks, acquired by VMware in 2019, provides software-defined load balancing for VMware Cloud Foundation, now under Broadcom.

Avi Networks

Avi Networks was acquired by VMware in June 2019 for an undisclosed sum, with the company's technology becoming VMware Avi Load Balancer. The original team, led by co-founders including CFOS, CTOs and VPs, joined VMware's networking division. The acquisition allowed VMware to offer a software-based alternative to traditional hardware load balancers, competing with F5 Networks and Citrix. Avi Networks' platform provides intelligent application delivery, including load balancing, web application firewall (WAF), and analytics. The service automates scaling, integrates with VMware NSX, and supports hybrid cloud deployments across on-premises and public cloud environments. Key customers include financial services and healthcare firms globally, though named companies are not publicly disclosed. Post-acquisition, the Avi Networks brand has been subsumed under VMware (now part of Broadcom since November 2023). The product line remains active, with quarterly updates and increasing adoption within VMware Cloud Foundation. Development is centered in Santa Clara, with additional engineering teams in India. Avi Networks' structural differentiator is its software-defined architecture — decoupling load balancing from hardware and embedding it into VMware's virtualization layer. This allows elastic scaling and centralized management, a shift from legacy appliance-based models. The integration with Broadcom's portfolio may accelerate enterprise deployments.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Santa Clara

Corporate office

Santa Clara, CA, United States

Sector focus

Enterprise SoftwareInfrastructureCloud & DevOps

Frequently asked questions

Who runs investment decisions at Avi Networks?

As Avi Networks was acquired by VMware in 2019 and is now part of Broadcom, investment decisions are made by Broadcom's networking leadership. The original management team transitioned into VMware's structure, but specific individuals are not publicly named in relation to the legacy Avi Networks entity (per Broadcom, 2023).

Is Avi Networks still operating as a standalone company?

No. Avi Networks was acquired by VMware in June 2019 and has been fully integrated as VMware Avi Load Balancer. Following Broadcom's acquisition of VMware in November 2023, the product is part of Broadcom's enterprise software portfolio. No standalone Avi Networks entity exists (per Broadcom, November 2023).

What investment stages does Avi Networks target?

Avi Networks is not an investment firm; it is a software product company, acquired by a larger entity. The business does not target investment stages, and no public information about venture financing beyond the acquisition exists.

Which sectors does Avi Networks explicitly avoid?

Avi Networks does not disclose any explicitly avoided sectors. Its load balancing technology serves enterprises across multiple verticals, including finance, healthcare, and retail, with no public exclusions.

Does Avi Networks participate in fund commitments or only direct deals?

Avi Networks is not an investment firm and does not participate in fund commitments or direct deals. The company is a technology vendor that sells software products and services.

What is Avi Networks' known posture on co-investments alongside external GPs?

As a product company rather than an investment manager, Avi Networks has no public posture on co-investments. Its business model involves enterprise software licensing and support.

Where does the underlying wealth come from?

Avi Networks was a venture-backed startup before its acquisition by VMware (which is now owned by Broadcom). No family office wealth is associated with the firm.

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