Last updated 2026-07-26
- Acquired by Lumine Group, Jun 2020
- Raised $10M debt round led by Mizrahi Tefahot Bank, Nov 2007
- Raised $15M Series D led by Evergreen Partners, Jun 2006
Total raised
$47.7M
Last: Undisclosed Round 2008-02
Stage
Acquired
Founded
1996
Headcount
135
HQ
Herzliya, Israel
Sector
Business Software
About
Flash Networks is an industry leader in mobile internet optimization and monetization, with solutions that enable mobile operators to improve network performance, monetize mobile internet traffic, and protect wireless users. Their offerings, delivered via the vHarmony Mobile Internet Services Gateway, focus on network growth and optimization, cyber security, and monetization. The company's technology helps operators boost network speed, optimize video and web traffic, and generate over-the-top revenues from the mobile internet. Flash Networks serves over 500 million subscribers worldwide and has a global install base with top-tier mobile carriers. Flash Networks is a Lumine Group company, which is a portfolio within Volaris Group, a subsidiary of Constellation Software Inc.
Funding history · 7 rounds · $47.7M total
2008-01
E Round
$1.7M
★ HarbourVest Partners
2007-11
Debt Financing
$10.0M
★ Mizrahi Tefahot Bank★ Plenus Venture Lending FundViola CreditPlenus Venture Lending
2006-06
D Round
$15.0M
★ Evergreen Partners★ HarbourVest Partners★ Argonaut Private EquityConcord VenturesGiza Venture CapitalT-Mobile Venture FundChallenge Fund - EtgarChallenge Fund (Etgar)Bell Mobility Investments
2004-01
Debt Financing
$2.5M
★ Vertex Ventures★ Giza Venture Capital★ T-Mobile Venture Fund★ Challenge Fund (Etgar)★ Evergreen Venture Partners★ Bell Mobility Investments (BMI)★ De-Kalo Ben Yehuda Investment Bank★ Corporate banking division of a large international bank
2003-01
C Round
$6.0M
★ Challenge Fund★ Giza Venture Capital★ T-Mobile Venture Fund★ Challenge Fund - Etgar★ Bell Mobility Investment★ Bell Mobility Investments (BMI)ArgoquestGilat Satellite NetworksBell Mobility Investments
2000-05
B Round
$9.5M
★ Argoquest★ Challenge Fund★ Vertex Ventures★ Giza Venture Capital★ Gilat Satellite Networks★ Giza GE Venture Capital IIIAmiti VenturesConcord VenturesVertex Ventures IsraelChallenge Fund - EtgarGilat Satellite Communications
1997-12
A Round
$3.0M
★ Vertex Ventures★ Concord Ventures★ Vertex Management IsraelVertex Ventures Israel
Headcount over time
From 193 (2016-06) to 135 (2026-07) · -58 (-30%) · 58 points · source: Finder history + radar grounding
Q&A
- What is Flash Networks' current status?
- Flash Networks was acquired by Volaris Group in June 2020.
- What is Flash Networks' primary business?
- Flash Networks provides mobile internet optimization and monetization solutions for mobile operators, focusing on improving network performance, monetizing mobile internet traffic, and protecting wireless users.
- How many employees does Flash Networks have?
- Flash Networks has 51-200 employees.
- What was Flash Networks' total funding raised before its acquisition?
- Flash Networks raised a total of $41.7 million USD.
- Which companies acquired Flash Networks?
- Flash Networks was acquired by Lumine Group, which is a portfolio within Volaris Group, a subsidiary of Constellation Software Inc.
- When was Flash Networks founded?
- Flash Networks was founded in 1996.
- Where is Flash Networks headquartered?
- Flash Networks is headquartered in Herzliya, Israel.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsIT & Network Management
Technologies
Communications
Target customers
Communication ServicesWireless & MobileBroadband Networks & NGN
Business model
B2B
Tags
network-optimizationmobile-carriersuser-experienceweb-trafficbroadband4g-networkstelecommunicationmonetizationisplteadvertisingmobile-devicesstreamingpatent-pending
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | flashnetworks.com |
|---|---|
| linkedin.com/company/10709 | |
| facebook.com/FlashNetworks1 | |
| YouTube | youtube.com/user/flashnetworks1 |
Identifiers & details
| Legal name | Flash Networks Ltd. |
|---|---|
| Founded | 1996 |
| Employees (exact) | 135 |
| Offices | Amsterdam; Farmingdale; Singapore |
| Status reason | Acquired by Volaris Group on Jun, 2020 |
Acquisitions & public offerings
Acquired by Lumine Group 2020-06
Radar intelligence
Patents
| EPO | 46 |
|---|
Web history (Wayback)
| Domain | flashnetworks.com |
|---|
Certificate / subdomain footprint
| Subdomains | 10 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 512223975 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1995-11-07 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 3 — people (2), annual_report (1) |
| Registered address | זרחין אלכסנדר 13 רעננה |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-28 | עדכון דירקטורים-הוספת דירקטור |
| 2025-12-23 | עדכון בעלי תפקידים |
| 2025-08-10 | דו~ח שנתי-עדכון כתובת |