Eldad Matityahu

Last updated
Eldad Matityahu
Eldad Matityahu.jpg
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]

Contents

Early life and business ventures

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

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

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

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]

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References

  1. 1 2 3 4 5 Carber, Kristine (Summer 2011). "The Innovator". Gentry Magazine. p. 14.
  2. 1 2 3 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 ]
  3. 1 2 3 4 5 6 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.
  4. ↑ Executive Profile, Bloomberg Business Week.
  5. 1 2 "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 ]
  6. ↑ "Silicon Valley/San Jose Business Journal Fast Company awards 2011". October 11, 2010.
  7. ↑ "2011 Red Herring Global Top 100". 2011. Archived from the original on 2012-02-08.
  8. ↑ Berndtson, Chad (January 24, 2012). "Net Optics Acquires APAC Distributor, Network Analytics Vendor". CRN.
  9. ↑ Cassidy, Mike (May 12, 2011). "Net Optics' Eldad Matityahu shows different business drive". Oakland Tribune. Archived from the original on March 7, 2016.
  10. ↑ "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.
  11. ↑ Net Optics Continues 2011 Momentum, Named Best of Fose In Networking Equipment Category (video). July 20, 2011.
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