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Eldad Matityahu
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 venturesBorn 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 OpticsMatityahu 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 enthusiastMatityahu 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 philanthropyMatityahu 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
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