What Metamako does

Metamako is a Sydney-based technology company founded in 2013 that specialized in FPGA-enabled programmable network computing platforms for latency-sensitive businesses. The company built a portfolio of hardware switch platforms and specialized network applications — including MetaWatch (network monitoring and observability), MetaMux (traffic multiplexing and packet manipulation), MetaProtect (network security), MultiAccess, Exchange, and Switch applications — designed to deliver nanosecond-level latency performance through hardware-accelerated processing rather than software-defined approaches. Its core technology leveraged programmable FPGA fabric to enable custom network functions, precise timing synchronization, and hardware-level packet processing primarily targeting high-frequency trading, electronic trading infrastructure, and financial market data networks. The company also developed an ecosystem of IP Cores and Development Kits for external developers to build custom FPGA-based network applications.

Metamako's business model was centered on hardware platform sales of FPGA-enabled network appliances, sold through an exclusive OEM and distribution relationship with Arista Networks. Following its acquisition by Arista, Metamako's technology was integrated into Arista's 7130 series of programmable switches, with Metamako-branded applications distributed as part of the 7130 platform ecosystem through Arista's global direct sales force and channel partner network. The company's primary customer segment was financial services and electronic trading firms requiring ultra-low latency networking, with a secondary focus on network equipment manufacturers and network observability use cases. In 2018, Metamako acquired xCelor, a network device company, to expand its technology capabilities before itself being absorbed into Arista's product portfolio.

Name

Metamako

Website

https://metamako.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Metamako is a Sydney-based FPGA networking company specializing in ultra-low latency programmable switches and network applications for high-frequency trading and financial market infrastructure. Now part of Arista Networks, its technology powers the 7130 platform ecosystem.

Ownership category

akta.pro rank

Product category

Network Infrastructure Hardware

NAICS

Computer and Peripheral Equipment Manufacturing (33411)

SIC

Computer Communications Equipment (3576)

akta.pro primary industry

High-Performance Networking Adapters (InfiniBand/RDMA/Ultra-Low Latency) (HDAFAEAD)

Keywords

• FPGA network switches
• Ultra-low latency networking
• Electronic trading infrastructure
• Programmable network platforms
• Network monitoring applications

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Hardware Platform Sales: Metamako FPGA-enabled network application platforms are sold as part of Arista's 7130 series hardware switches. Revenue generated through sale of programmable network hardware with embedded FPGA technology for enterprise and data center customers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Metamako builds FPGA-enabled programmable network hardware platforms and specialized network applications for latency-sensitive environments. Its technology underpins the Arista 7130 Series of switches (Connect, E, L, LBR, 7132LB, 7135LB, 7135V) and powers applications such as MetaWatch (monitoring), MetaMux (multiplexing), MetaProtect (security), and MultiAccess, with IP Cores and Development Kits enabling custom FPGA application development for financial trading and network equipment customers.

Product overview

Metamako (now part of Arista Networks) offers a comprehensive programmable network platform based on FPGA-enabled switches. The product portfolio consists of multiple hardware switch series (7130 Connect, 7130E, 7130L, 7130LBR, 7132LB, 7135LB, 7135V) that serve as the programmable foundation, paired with a suite of specialized network applications including MetaWatch (monitoring/telemetry), MetaMux (traffic multiplexing), MultiAccess, MetaProtect (security), Exchange, and Switch applications. The platform also includes developer resources such as IP Cores and Development Kits for custom application development. This architecture provides a layered approach where FPGA hardware platforms provide programmable network functionality, while purpose-built applications deliver specific network services and the developer ecosystem enables customization.

Differentiator

Problem solved

Functional benefit

Brands

• MetaWatch App: FPGA-based network application for the 7130 platform providing network monitoring and observability features.
• MetaMux App
• MultiAccess App
• MetaProtect App
• Exchange App
• Switch App

Products and services

• 7130 Connect Series FPGA-enabled network switch platform providing programmable network functionality for specialized applications. Sold to financial trading and network infrastructure customers.
• 7130E Series FPGA-enabled switch series offering programmable network capabilities for enterprise and data center environments.
• 7130L Series FPGA-enabled low-latency switch series designed for high-performance network applications such as high-frequency trading.
• 7130LBR Series FPGA-enabled switch series with extended capabilities for specialized network applications.
• 7132LB Series FPGA-enabled load balancer platform providing programmable traffic distribution capabilities.
• 7135LB Series High-performance FPGA-enabled load balancer switch series for network optimization.
• 7135V Series FPGA-enabled visibility switch series for network monitoring and analysis applications.
• MetaWatch App FPGA-based network monitoring and observability application for the 7130 platform providing real-time visibility and telemetry.
• MetaMux App FPGA-based multiplexing application enabling advanced packet manipulation and traffic steering on 7130 hardware.
• MetaProtect App Security-focused FPGA application for network protection and threat mitigation on the 7130 Series.
• MultiAccess App FPGA-based multi-access network application supporting diverse network interface and protocol requirements.
• Exchange App FPGA-based network exchange application facilitating traffic switching and routing functions on programmable hardware.
• Switch App Programmable switching application providing foundational L2/L3 network switching capabilities on FPGA platforms.
• IP Cores Pre-built intellectual property cores enabling rapid custom network functionality development for 7130 Series FPGA devices. Sold to developers and network equipment manufacturers.
• Development Kits Comprehensive development environment and toolkits for building custom FPGA network applications on 7130 programmable platforms. Sold to developers and engineering teams.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Arista NetworkscoreOEM/ Whitelabel/ Licensing PartnerMetamako technology has been integrated into Arista Networks' 7130 series of FPGA-enabled programmable switches. Arista acquired Metamako and now distributes and supports Metamako-branded applications (MetaWatch, MetaMux, MetaProtect, MultiAccess) as part of the 7130 platform ecosystem. The products are fully supported through Arista's customer support, software downloads, and documentation infrastructure.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Exablaze: Australian ultra-low latency networking specialist (now part of Cisco), offering FPGA-based NICs, switches, and precision timing products for high-frequency trading. Direct overlap with Metamako's HFT-oriented FPGA platform and similar Australian roots.

Broad incumbents

• Arista Networks: The acquirer of Metamako and distributor of its 7130 platform. Operates across data center, cloud, and AI networking with a broad switching portfolio that incorporates Metamako's FPGA technology as a programmable slice.
• Juniper Networks: Enterprise and data center switching/routing incumbent (now HPE-owned) competing for the same cloud, financial, and AI infrastructure customers as Arista/Metamako's programmable switching family.
• Cisco Systems: Global networking incumbent whose Nexus switching portfolio serves the same enterprise and data center customers as Metamako; acquired Exablaze for low-latency FPGA capability, directly competing with Metamako's ultra-low latency positioning.

Emerging players

• Algo-Logic Systems: FPGA-based low-latency trading and networking solutions provider for financial markets, targeting nanosecond-latency tick-to-trade and market-data delivery—directly comparable to Metamako's HFT use cases.
• Mellanox/NVIDIA Networking: Acquired by NVIDIA to build InfiniBand and Ethernet SmartNIC/SoC platforms (ConnectX, BlueField). Targets the same ultra-low latency workloads for HPC/AI and competes with FPGA network offload approaches.
• Netcope Technologies: FPGA-based packet processing and 100GbE NIC platform vendor serving telecom, financial, and security workloads—comparable to Metamako's programmable fabric and ultra-low latency positioning.
• Solarflare (AMD): High-performance server adapter and onload engine vendor (acquired by AMD/Xilinx), providing low-latency NICs optimized for trading and HPC workloads, comparable to Metamako's MetaMux/monitoring-style network functions.

Others

• Intel (Altera/FPGA division): Major FPGA silicon supplier (formerly Altera) and SmartNIC/IPU developer, operating both upstream and adjacent to Metamako in programmable networking infrastructure.
• AMD/Xilinx: Primary FPGA silicon vendor whose devices underpin Metamako's programmable switches. Provides the Alveo FPGA networking adapters that overlap functionally with FPGA-based NIC/switching platforms.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/metamakolp
• YouTubeyoutube.com/user/AristaNetworks
• Facebookfacebook.com/190928067758289
• LinkedInlinkedin.com/company/metamako

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metamako