NetEx
NetEx (Network Executive Software, Inc.) develops high-performance file transfer software for enterprise mainframe and server environments, serving 3,705+ customers across government, financial, healthcare, airline, and telecom verticals via monthly subscriptions.
- Company typePrivate
- Founded1999
- HeadquartersMaple Grove, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What NetEx does
NetEx (legally Network Executive Software, Inc.) is a privately held Maple Grove, Minnesota-based software company founded in March 1999 as a spin-off from Storage Technology Corporation (StorageTek). The company develops high-performance data transport and file transfer solutions designed to move large volumes of data across enterprise server environments at speeds materially higher than standard TCP/IP over long distances, with disclosed maximum throughput of 622 mb/s and compression ratios up to 15:1. Its product portfolio is anchored on three core lines — NetEx/IP (high-performance file transfer), Secure NetEx/IP (the same engine wrapped with encryption), and eFT/USER-Access (enterprise file transfer replacing standard FTP) — each delivered as platform-specific variants for IBM Power Systems/AIX, IBM z System z/OS, Intel x86/Linux, HPE NonStop, HP-UX, Unisys ClearPath & Dorado/OS2200, and Bull DPS9000 & NovaScale. Supporting modules include BFX (batch/backup file transfer), PFX-T and PFX-R (parallel file transfer), TNP (TCP/IP Network Print), and migration utilities that move legacy configurations onto modern platforms.
The company monetizes through a Right-to-Use monthly software license that bundles standard support, plus usage-based professional services billed at $157.50/hour for remote maintenance and $315/hour for on-site or engineering work (with an 8-hour minimum). Distribution is entirely direct — phone-based enterprise field sales across North America, UK/Europe, South Africa, the Middle East, and Asia Pacific, supported by a website, email newsletter, and online problem-reporting portal — with no disclosed resellers, distributors, marketplaces, or channel partners. The customer base spans more than 3,705 organizations across government, financial services, healthcare, airlines, telecommunications, and real estate verticals, with use cases covering replication, system backups, data warehousing, bulk file transfers, financial reporting, reservation processing, bill printing, and disaster recovery. The only disclosed capital event is a $10.5 million Series A in March 2000 led by ABS Ventures with DB Capital; the company has since operated without further reported institutional funding rounds.
NetEx firmographics
Firmographics- Name
- NetEx
- Legal name
- Network Executive Software, Inc.
- Website
- https://netex.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- NetEx (Network Executive Software, Inc.) develops high-performance file transfer software for enterprise mainframe and server environments, serving 3,705+ customers across government, financial, healthcare, airline, and telecom verticals via monthly subscriptions.
- Ownership category
- akta.pro rank
NetEx industry classification
Industry- Product category
- Enterprise File Transfer Software
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Managed File Transfer (MFT) & B2B/EDI Integration (HDAEACAG)
- akta.pro secondary industry
- Secure File Transfer & Managed File Transfer (MFT) (HDADAFAK)
Keywords
Where NetEx is headquartered
LocationHeadquarters
- HQ city
- Maple Grove
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
NetEx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Software Licensing: Monthly license charges for software products including standard software support. Right-to-Use licensing model where all software supplied requires payment of a monthly license charge.
- Professional Services: Remote maintenance support at $157.50/hour, on-site maintenance at $315/hour with 8-hour minimum, and engineering services at $315/hour with 8-hour minimum plus expenses for on-site work.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Software licensing with included support |
| Other | Pay-as-you-go | Remote maintenance support |
| Other | Pay-as-you-go | On-site maintenance support |
| Other | Pay-as-you-go | Engineering services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
NetEx product offering
Product offeringCore offering
NetEx develops, licenses, and supports proprietary high-performance file transfer software for enterprise servers running mainframe, midrange, and Linux operating systems. Its three core product lines — NetEx/IP, Secure NetEx/IP, and eFT/USER-Access — move large data sets over WANs at speeds many times faster than standard TCP/IP, with optional encryption and platform variants for IBM, HPE, Unisys, Bull, and Intel/Linux environments. The software is licensed via monthly recurring Right-to-Use fees with bundled standard support, supplemented by hourly-rate remote, on-site, and engineering professional services.
Product overview
NetEx offers a portfolio of data transfer and file migration solutions organized around three core product lines: NetEx/IP (high-performance file transfer), Secure NetEx/IP (encrypted version of NetEx/IP), and eFT/USER-Access (enterprise file transfer). These core products are delivered as platform-specific variants supporting IBM Power Systems/AIX, IBM z System z/OS, Intel x86/Linux, Unisys ClearPath & Dorado/OS2200, HPE NonStop, HP 9000/HP-UX, and Bull DPS9000 & NovaScale. Each platform variant has its own product code (e.g., H624 for Secure NetEx/IP on AIX, H214 for Secure NetEx/IP on z/OS). Supporting add-on modules include BFX (backup file transfer), PFX-T (parallel file transfer), PFX-R (secure parallel file transfer), and TNP (TCP/IP Network Print). Migration tools (MIGAIX, MIGZOS, MIGUNI) assist customers moving from legacy systems. The company has been in business since March 1999 as a spin-off of Storage Technology Corporation.
Differentiator
Problem solved
Functional benefit
Products and services
- NetEx/IP High-performance file transfer software for enterprise servers that delivers data transport many times faster than standard TCP/IP over long distances and avoids the need to rewrite existing legacy NetEx applications to TCP/IP. Sold to enterprise customers running IBM, HPE, Unisys, Bull, or Intel/Linux estates that need fast bulk data movement over WANs for replication, backups, data warehousing, and bulk file transfers.
- Secure NetEx/IP Encrypted version of NetEx/IP providing the same high-performance file transfer as NetEx/IP with built-in encryption and security safeguards, eliminating the need to rewrite existing legacy applications. Available as platform-specific SKUs (H624 for IBM Power Systems/AIX, H214 for IBM z System z/OS, H804 for Intel x86/Linux, H304 for Unisys ClearPath and Dorado/OS2200). Targeted at government, financial, healthcare, and other regulated enterprise customers that require secure file movement without legacy rewrite overhead.
- eFT/USER-Access Enterprise file transfer solution providing a powerful and resilient method of moving data between servers with features not available in standard FTP, including checkpoint restart, password encryption, scripting and aliasing, compression, and local and remote command execution. Sold to enterprise customers that need reliable, scripted, and resumable bulk file movement across IBM, HPE, HP-UX, and Intel/Linux environments.
- NetEx Support and Professional Services Paid professional and technical support services for NetEx software customers, including bundled standard software support with each monthly license plus optional remote maintenance, on-site maintenance, and engineering services billed hourly. Targeted at enterprise customers that need installation assistance, system and network configuration help, customization, and 24/7 emergency technical support.
Quantifiable outcome
- 622 mb/s maximum transfer speed
- +3 more outcomes
Companies that use NetEx
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles1 record
NetEx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NetEx partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights5 records
NetEx competitors and assessment
Company assessmentBroad incumbents
- Oracle Managed File Transfer: Oracle MFT is part of Oracle's broader middleware/integration stack (including SOA Suite), serving Oracle-centric enterprises for secure file transfer — overlapping NetEx's regulated, high-volume transfer use cases as a wider incumbent.
- AWS Transfer Family: AWS Transfer Family provides fully managed SFTP/FTPS/FTP and accelerated transfer into S3 via AWS S3 Transfer Acceleration, competing with NetEx on secure enterprise file transfer as a cloud-native alternative to on-prem MFT software.
Direct peers
- GoAnywhere MFT (Fortra): GoAnywhere MFT is a managed file transfer solution covering secure FTP, encryption, and workflow automation aimed at mid-market and enterprise customers — overlapping directly with NetEx's secure enterprise file transfer use cases.
- Axway (now Cleo): Axway/Cleo provides managed file transfer and B2B integration software with secure file transfer gateways, directly competing with NetEx on encrypted, high-volume enterprise file movement across hybrid environments.
- IBM Aspera: IBM Aspera's high-speed transfer technology (FASP) competes directly with NetEx/IP's core value proposition of delivering transfers 'many times faster than TCP/IP over long distances' for large enterprise workloads.
- TIBCO Managed File Transfer: TIBCO's MFT offering provides secure, high-volume file transfer and B2B integration for enterprise customers, sharing NetEx's positioning around speed, security, and integration with existing enterprise systems.
- Globalscape (HelpSystems / Fortra): Globalscape's Enhanced File Transfer (EFT) is a long-standing MFT platform with secure transfer, automation, and compliance features, competing head-to-head with NetEx for enterprise regulated file transfer use cases.
- IBM Sterling: IBM's managed file transfer and B2B integration platform (formerly IBM Sterling Commerce / Connect:Direct) is the broadest MFT suite on the market, including high-performance transfer features that compete directly with NetEx/IP for enterprise file transfer workloads.
- MOVEit (Progress Software): Progress MOVEit is one of the leading on-prem and cloud MFT products with secure file transfer, automation, and compliance features, competing with both NetEx/IP and eFT/USER-Access for regulated enterprise MFT workloads.
Emerging players
- Signiant: Signiant provides intelligent file transfer for media and enterprise workflows, including SaaS-based accelerated transfer — a more cloud-native approach that competes with NetEx/IP on high-speed, large-file movement.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
NetEx social profiles
Digital presenceNetEx financial estimates
Financial estimateRevenue estimate
Valuation estimate
NetEx leadership team
Management profileNumber of profiles
Profiles1 record
NetEx funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NetEx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NetEx
What does NetEx do?
NetEx develops, licenses, and supports proprietary high-performance file transfer software for enterprise servers running mainframe, midrange, and Linux operating systems. Its three core product lines — NetEx/IP, Secure NetEx/IP, and eFT/USER-Access — move large data sets over WANs at speeds many times faster than standard TCP/IP, with optional encryption and platform variants for IBM, HPE, Unisys, Bull, and Intel/Linux environments. The software is licensed via monthly recurring Right-to-Use fees with bundled standard support, supplemented by hourly-rate remote, on-site, and engineering professional services.
Is NetEx a public or private company?
NetEx is a private company. It is classified as venture growth investor backed and is currently operating.
When was NetEx founded?
NetEx was founded in 1999. It employs 51 to 100 people.
Where is NetEx based?
NetEx is headquartered in Maple Grove, United States, in the North America region.
How does NetEx make money?
Two revenue lines are on record. Software Licensing is the primary driver. The others are professional Services.
Who are NetEx's main competitors?
Broad incumbents on record are Oracle Managed File Transfer and AWS Transfer Family. Direct peers are GoAnywhere MFT (Fortra), Axway (now Cleo), IBM Aspera, TIBCO Managed File Transfer, Globalscape (HelpSystems / Fortra), IBM Sterling and MOVEit (Progress Software). Signiant is listed as an emerging player.
Does NetEx have an API?
No public API is recorded for NetEx.
What industry is NetEx in?
NetEx's product category is Enterprise File Transfer Software. Its primary akta.pro industry code is HDAEACAG, Managed File Transfer (MFT) & B2B/EDI Integration, with a secondary code of HDADAFAK, Secure File Transfer & Managed File Transfer (MFT). Its NAICS code is 5132 and its SIC code is 7372.