Published:
Finjan Raises $22 Million in Investment Round
SAN JOSE, California, November 19 /PRNewswire/ -- Finjan Inc., a leading
provider of Secure Web Gateway solutions for the enterprise market, today
announced that it has raised $22 million in an investment round led by
HarbourVest Partners, with participation by new and current investors
Benchmark Capital, Israel Seed Partners, Benhamou Global Ventures, and Cisco.
The company will use the proceeds to accelerate its growth and leadership
within the global Secure Web Gateway market.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080618/309345 )
"The Secure Web Gateway market is one of the fastest growing security
segments with a great impact on content security as a whole" said Alex
Rogers, Managing Director of HarbourVest Partners. "With its patented
real-time content inspection and its proven expertise and track record,
Finjan is uniquely positioned to proactively eliminate web-borne threats.
Combined with its productivity, liability and bandwidth control, Finjan
offers enterprises a comprehensive web security solution with reduced total
cost of ownership. We are therefore excited to invest in Finjan, Inc.,"
Rogers added.
This round of funding will assist Finjan in expanding its sales and
marketing infrastructure and to bolster its leadership position in the web
security arena.
"We are excited to close this investment round now, especially
considering the current economic downturn. Thanks to Finjan's employees and
executive team, we achieved record sales as well as major competitive wins.
Our patented technology is favored by analysts and customers alike, which
enables us to provide outstanding products and solutions. We are proud of our
ability to maintain our exceptional high-level of customers' satisfaction and
of the high renewal rates with existing customers - all achieved with an
efficient operational structure," said John Vigouroux, President and CEO of
Finjan. "Since the market evolved from URL filtering and Anti-Virus into a
composite SWG market, Finjan's Secure Web Gateway is perfectly positioned to
serve this $1B market with its unique product offering."
Finjan Secure Web Gateway enables organizations control, security and
compliance for all their web productivity, liability and security needs.
Differentiated by its industry-proven active real-time content inspection
technology, Finjan Secure Web Gateway inspects inbound and outbound
communication to prevent Crimeware from infiltrating networks and from
confidential data leakage.
Protecting over a million users in more than a thousand corporations
worldwide, Finjan's Secure Web Gateway appliances have received multiple
industry awards and recognition, attesting to the unparalleled security
products delivered by Finjan.
About Finjan
Finjan is a leading provider of secure web gateway solutions
(http://www.finjan.com/Content.aspx?id=169) for the enterprise market. Finjan
Secure Gateway provides organizations with a comprehensive web security
solution combining productivity, liability and bandwidth control via URL
categorization, content caching and applications control technologies.
Crimeware, malware and data leakage are proactively prevented via patented
active real-time content inspection technologies and optional anti-virus
modules. Powerful central management enables intuitive task-based policy
management, excellent drill-down reporting capabilities and easy directory
integration for all network implementation options. By integrating several
security engines in one, single appliance, Finjan's comprehensive and
integrated web security solution enable quick deployment, simplified
management and reduction of costs. Business benefits include real-time web
security (no patches or updates needed), lower total cost of ownership (TCO),
cost savings in administration efforts, lower maintenance costs, and
reduction in loss of productivity. Finjan's security solutions have received
industry awards and recognition from leading analyst houses and publications,
including Gartner, IDC, Butler Group, SC Magazine, eWEEK, CRN, ITPro, PCPro,
ITWeek, Network Computing, and Information Security. With Finjan's
award-winning and widely used solutions, businesses can focus on implementing
web strategies to realize their full organizational and commercial potential.
For more information about Finjan, please visit: http://www.finjan.com.
(c) Copyright 1996-2008. Finjan Software Inc. and its affiliates and
subsidiaries. All rights reserved.
All text and figures included in this publication are the exclusive
property of Finjan and are for your personal and non-commercial use. You may
not modify, copy, distribute, transmit, display, perform, reproduce, publish,
license, create derivative works from, transfer, use or sell any part of its
content in any way without the express permission in writing from Finjan.
Information in this document is subject to change without notice and does not
present a commitment or representation on the part of Finjan. The Finjan
technology and/or products and/or software described and/or referenced to in
this material are protected by registered and/or pending patents including
European Patent EP 0 965 094 B1 and U.S. Patents No. 6092194, 6154844,
6167520, 6480962, 6209103, 6298446, 6353892, 6804780, 6922693, 6944822,
6993662, 6965968, 7058822, 7076469, 7155743, 7155744, 7185358, 7418731, and
may be protected by other U.S. Patents, foreign patents, or pending
applications. Finjan, Finjan logo, Vital Security, Vulnerability Anti.dote ,
Window-of-Vulnerability, and RUSafe are trademarks or registered trademarks
of Finjan Inc., and/or its affiliates and subsidiaries. All other trademarks
are the trademarks of their respective owners.
Media Contacts:
United States
Jan Wiedrick-Kozlowski
Activa PR
Tel. +1-585-392-7878
jan@activapr.com
UK
Neil Stinchcombe
Eskenzi PR Ltd.
Tel: +44(0)208-449-1007
neil@eskenzipr.com
SOURCE Finjan Software
Copyright © 2009, PRNewswire
newsblaze
Copyright © 2009, NewsBlaze,
Daily News
Tags: ,CPR,NET,HRD,STW,ITE,MLM,FNC,Finjan-Software
_ _Is your favorite bookmark site missing?
Ask for it.