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Brocade Communications Systems

Brocade Communications Systems is a US-based company founded in 1995 in San Jose. It provides data center networking solutions and services. The company has...

Brocade Communications Systems

Brocade Communications Systems is a US-based company founded in 1995 in San Jose. It provides data center networking solutions and services. The company has secured $46 million in total funding.

General information

Firm type

other

Year founded

1995

Location

Region

North America

Country

United States

City

San Jose

Corporate office

San Jose, CA, United States

Principals

Seth Neiman

Founder

Sector focus

Enterprise SoftwareInfrastructure

Frequently asked questions

What happened to Brocade Communications Systems after the Broadcom acquisition?

Brocade was acquired by Broadcom in November 2017 for approximately $5.9B in cash. The company's networking and storage area networking assets were integrated into Broadcom's infrastructure business. Brocade no longer exists as an independent entity.

Who was the founder of Brocade?

Seth Neiman founded Brocade Communications Systems in 1995. He served as the company's chairman and had previously worked at IBM and as a venture partner at Menlo Ventures.

Does Brocade still operate as a separate asset manager or family office?

No. Brocade Communications Systems was a public company that was fully acquired by Broadcom in 2017. It does not operate as any kind of investment vehicle. The Neiman family's wealth from the sale is managed privately and not under the Brocade name.

What technology was Brocade known for?

Brocade was known primarily for Fibre Channel storage area networking (SAN) switches and directors, used to connect servers and storage in data centers. It also sold IP networking equipment, notably through its acquisition of Foundry Networks in 2008.

What was Brocade's market position before the Broadcom deal?

Brocade held a leading market share in Fibre Channel SAN switching for over a decade, competing directly with Cisco Systems. At its peak, the company reported annual revenues exceeding $2.3B (per SEC filings, 2015).

Is there any investment activity still associated with the Brocade name?

Public records indicate no. The Brocade brand ceased to exist as an independent entity after the Broadcom acquisition. Any subsequent investment activity by the Neiman family would be conducted through separate, private vehicles not publicly disclosed under the Brocade name.

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