Eldad Matityahu
Eldad Matityahu | |
|---|---|
 | |
| Born | Israel |
| Alma mater | San Jose State University |
| Occupation(s) | Founder, Net Optics |
Eldad Matityahu (born 1962) is the founder and chairman of the board of Net Optics, a privately held California-based provider of network visibility solutions[buzzword] that allow companies to protect against hacking, intrusion, confidentiality breach and other malicious attacks.[1] Net Optics specializes in designing visibility into networks to address challenges related to virtualization, compliance and security.[2]
Early life and business ventures
[edit]Born and raised in Israel, Matityahu moved to the United States with his parents as a teenager in 1976. He attended high school in Palo Alto, California, and earned a business degree from San Jose State University.[3] His parents ran a restaurant that was only open for breakfast and lunch. While in business school, Eldad ran a barbecue business at their restaurant during dinner hours.[3] He went on to open two frozen yogurt stores called "IT'S A RIOT! YOGURRT" based on a business plan he wrote for school. He sold the yogurt business three years later, switching gears to work in networking technology at a fiber optics company.[3] He was involved in marketing and leadership development for AMP (now a division of Tyco International).[4]
Net Optics
[edit]Matityahu founded Net Optics in 1996, investing the proceeds from a frozen yogurt business.[3] Net Optics took shape in a spare room in Matityahu's apartment, bootstrapped without venture capital funding.[5] Under his leadership, Net Optics has been profitable for every quarter since its inception.[1][5] In 2011, the company was recognized by the Silicon Valley/San Jose Business Journal as one of Silicon Valley's fastest growing companies,[6] and by Red Herring in its North America and Global Top 100 lists.[7] Its customers include 85% of the Fortune 100 companies.[2] The company delivers solutions[buzzword] for real-time IT visibility, monitoring and control.
Matityahu oversees the launch of six to eight new products each year, guiding the vision and direction of the company with a ‚"Customer First!" philosophy.[1] In 2012, Matityahu led the company's global expansion with the acquisition of Australia's TripleLayer Networks and nMetric without venture capital funding.[8]
Automobile enthusiast
[edit]Matityahu has been an automobile enthusiast ever since he watched his brother build a go-cart while they were growing up in Israel. As an avid collector, he incorporates his passion into the corporate culture.[3][9] The company's fleet of branded Mini Coopers serve as an employee perk.[2] His interest in customizing and driving cars has been compared to his unorthodox approach to business, and Matityahu credits the hobby with stimulating his creative thinking.[3]
In 2011, Net Optics sponsored the Mille Miglia North America Tribute and the 25th annual Santa Barbara Concours d'Elegance, and Matityahu competed in the 1,000 mile race in a 1954 Corvette.[10][11]
Investment and philanthropy
[edit]Matityahu supports young startup companies, including a $75,000 investment in a teenage entrepreneur's business plan.[1] His family has donated to the Oshman Family Jewish Community Center in Palo Alto, and is active with Sunday Friends, a charity that helps families move out of poverty.[1]
References
[edit]- ^ a b c d e Carber, Kristine (Summer 2011). "The Innovator". Gentry Magazine. p. 14.
- ^ a b c Shinal, John (March 21, 2011). "Net Optics Hiring Up to 30 Engineers in Next Six Months". FINS from the Wall Street Journal.[permanent dead link]
- ^ a b c d e f Cassidy, Mike (May 13, 2011). "This is how he rolls - Valley executive finds a way to mix his hobby (collecting vintage cars) with his business". San Jose Mercury News.
- ^ Executive Profile, Bloomberg Business Week.
- ^ a b "Net Optics Wins Red Herring Global 100 Award: Net Optics Recognized as a Global Leader in Innovative Technologies by Red Herring at Wednesday Evening Event in Los Angeles". December 8, 2011.[dead link]
- ^ "Silicon Valley/San Jose Business Journal Fast Company awards 2011". October 11, 2010.
- ^ "2011 Red Herring Global Top 100". 2011. Archived from the original on 2012-02-08.
- ^ Berndtson, Chad (January 24, 2012). "Net Optics Acquires APAC Distributor, Network Analytics Vendor". CRN.
- ^ Cassidy, Mike (May 12, 2011). "Net Optics' Eldad Matityahu shows different business drive". Oakland Tribune. Archived from the original on March 7, 2016.
- ^ "Net Optics to sponsor Mille Miglia North America tribute and 25th annual Santa Barbara Concours d'Elegance". National Tour d'Elegance. October 13, 2011. Archived from the original on 2012-01-02.
- ^ Net Optics Continues 2011 Momentum, Named Best of Fose In Networking Equipment Category (video). July 20, 2011.
External links
[edit]- Brooks, Chad: IT Exec Shares Passion for Cars with Employees. IT Tech News Daily, October 3, 2011. https://web.archive.org/web/20111015161320/http://www.ittechnewsdaily.com/160-rewarding-employees-cars.html