Jerry M. Kennelly had a vision to make data move at the speed of light, so he and Steve McCanne left prominent positions at Inktomi Corp. and founded Riverbed Technology Inc.
Kennelly recognized that the challenges the chief information officers would face in the future centered around having a distributed work force and the work becoming more digital. They realized everything was expected to be virtual, instant and global, so they set off to solve the instant and global pieces.
Most companies said that to meet these future demands, more expensive networking equipment was required, but Kennelly and his partner worked to enable what the technology companies already had. They first introduced their wide-area data services products in 2004, and word of what they were doing spread quickly. Other companies saw the opportunity and tried to get on board through acquisitions and market-stalling tactics. By the end of 2005, Cisco, Juniper and Citrix all had competing offerings in the market. Riverbed continued growing and eventually went public in 2006.
Throughout all of this, Kennelly stood firm in his belief for the company, its products and its ability to be a strong, independent company, and his instincts were right on target. Today, this chairman and CEO’s company is the market leader and had more than 40 percent of the market share as well as more than 3,500 customers.
HOW TO REACH: Riverbed Technology Inc., (415) 247-8800 or www.riverbed.com