Company Timeline

NHR Company Timeline. Click to view full-size
Click to view full size

1986

  • Chuck Sheldon begins selling refurbished IT equipment

1989

  • Chuck Sheldon founds Strand Computer Resale in Hermosa Beach, CA

1994

  • John Sheldon joins Strand Computer Resale as employee number two, and the company relocates to Santa Barbara, CA

1995

  • First "order fulfillment center" opens in Goleta, CA (in half of John Sheldon's garage).
  • Strand Computer Resale focuses on Cisco Systems equipment. 

1996

  • Strand Computer Resale renames itself Network Hardware Resale (NHR).
  • The first NHR coporate office opens on Shamrock Street in Goleta.
  • Glenn Fassett joins NHR in sales as employee number five. 
  • Revenues exceed $1 million.
  • NHR develops its first corporate logo.

1997

  • NHR moves into a 1500 sq. ft. office on Calle Real in Goleta, and Chuck Sheldon buys the famous red couch which he sleeps on every night for one year (returning home on the weekends).

2000

  • NHR moves to a 10,000 square foot facility at 90 Castilian in Goleta.
  • NHR debuts on Inc. Magazine’s Inc. 500 list of the Fastest Growing Privately Held U.S. Companies.
  • Revenues exceed $20 million.

2001

  • Mike and Nancy Sheldon join NHR in sales.
  • Number of employees increases to 25.
  • NHR makes its first investment in an ERP/CRM system and Accura is rolled out companywide.
  • NHR receives its 2nd consecutive ranking on Inc. Magazine's Inc. 500 list.

2002

  • Glenn Fassett opens NHR EMEA headquarters in Amsterdam, including office, test lab and order fulfillment facilities.
  • NHR receives 3rd consecutive ranking on Inc. Magazine's Inc. 500 list.

2003

  • Revenue exceeds $50 million.
  • NHR is honored with its 4th consecutive on Inc. Magazine's Inc. 500 ranking.

2004

  • NHR expands to 30,000 square feet, adding new testing and order fulfillment facilities.
  • NHR announces industry-leading, standard one-year warranty program on all networking equipment sold. 

2005

  • NHR opens a sales office in Hoboken, NJ.
  • Corporate offices move to 26 Castilian; total space reaches 50,000 sq. ft.
  • Employee headcount surpasses 100.
  • Revenues exceed $100 million.
  • Chuck Sheldon retires as CEO, continues as Chairman of the Board.

2006

  • Mike Sheldon becomes CEO.
  • NHR signs first reseller agreement with Force10 Networks to sell new equipment. 
  • The Pacific Coast Business Times names NHR Private Company of the Year.
  • Revenues exceed $138 million.

2007

  • Glenn Fassett opens NHR APAC headquarters in Singapore including office, test lab and order fulfillment facilities.
  • Employee headcount surpasses 200.
  • Inc. magazine names NHR to its inaugural America’s 5,000 Fastest Growing Companies list.

2008

  • NHR's sales office opens in London.
  • NHR launches NetSure hardware maintenance program domestically, later expanding it to Asia and Europe.
  • NHR becomes ISO 9001:2008 and TL9000 certified.
  • NHR opens testing and order fulfillment facility in Dallas, Texas.
  • Everything Channel’s VARBusiness Magazine names NHR to the North America’s Top 500 Technology Integrators list.
  • Oracle replaces Accura as the corporate CRM/ERP system.
  • Revenues reach $185 million. 

2010

  • NHR receives Company of the Year at the annual South Coast Business & Technology Awards.
  • NHR returns to Inc. Magazine’s Inc. 5,000 list as one of America’s Fastest Growing Private Companies for the 3rd time.
  • Mike Sheldon is named to Pacific Coast Business Times’ 40 Under 40 list.
  • Glenn Fassett, who started as a sales representative 14 years earlier, is named to the NHR Board of Directors.
  • NHR APAC headquarters expands to a new 19,000 square foot facility.
  • Revenues exceed $220 million.

2011

  • New facilities in Goleta (100,000 square feet) and Amsterdam respectively triple and double NHR’s capacity.
  • NHR adopts Salesforce.com and a variety of associated tools shifting the company to Sales 2.0.
  • NHR announces expanded Services offerings and 24x7 follow-the-sun TAC with global NOCs.
  • NHR cracks VARBusiness Magazine’s top 100 of its North America’s Top 500 Technology Integrators list ranking at #91.
  • Employee head count surpasses 300.