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                      CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the use in this Registration Statement on Form S-1 of
our reports dated April 6, 1999 relating to the financial statements and
financial statement schedule of F5 Networks, Inc., which appear in such
Registration Statement. We also consent to the references to us under the
headings "Experts" and "Selected Financial Data" in such Registration
Statement.

PricewaterhouseCoopers LLP

Seattle, Washington
June 1, 1999


