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 Concord Ventures, Jun 2006
Total raised
$46.0M
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 · 6 rounds · $46.0M total
6 events/rounds · $46.0M Total Funding: $33.5M in Private Equity, $12.5M in Debt
Nov 2007
★ Mizrahi Tefahot Bank★ Plenus Venture Lending
Jun 2006
Sep 2003
★ Vertex Ventures★ Giza Venture Capital★ T-Mobile Venture Fund★ Challenge Fund (Etgar)★ Evergreen Venture Partners★ Bell Mobility Investments (BMI)★ Corporate banking division of a large international bankDe-Kalo Ben Yehuda Investment Bank
Jan 2003
C Round
$6.0M
unknown
★ Challenge Fund★ Giza Venture Capital★ T-Mobile Venture Fund★ Challenge Fund - Etgar★ Bell Mobility Investments
May 2000
★ Argoquest★ Vertex Ventures★ Concord Ventures★ Challenge Fund - Etgar★ Gilat Satellite Networks★ Giza GE Venture Capital III★ Challenge Fund (Etgar)★ Vertex Management IsraelChallenge FundGiza Venture CapitalVertex Ventures IsraelGilat Satellite Communications
1998
Headcount over time
135 employees (2026-09) · 1 point
Offices
Herzliya, Israel · HQ / main office
Show all offices (3 more)
- Amsterdam, Netherlands
- Farmingdale, United States
- Singapore, Singapore
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.
Team · 8
Tomer Itah
Chief Executive Officer
Ofer Gottfried
Chief Technology Officer
Assaf Benedic
VP Research and Development
Hadas Korenvaser
Head of Human Resources
Avi Alali
VP, Sales Worldwide
Lital Sarbagil-Hozev
VP of Finance
Ran Gelman
Head of Customer Services
Eyal Rigler
Head of Maintenance
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 |