Securify Receives Investment from Internet Security Systems
MOUNTAIN VIEW, Calif., Jan. 3 /PRNewswire/ — Securify, Inc., a leading provider of security services for interconnected businesses, today publicly announced an investment from Internet Security Systems (ISS) (Nasdaq: ISSX). The investment is part of Securify’s $34 million Series “A” private equity financing which closed in October 2000. Other investors include Spectrum Equity Investors, Pequot Capital, GemVentures, the venture fund arm of the smart card solutions provider Gemplus, and Bayview Investors, an affiliate of Robertson Stephens.
Led by a team of security professionals and inventors well recognized as experts and pioneers in a variety of security disciplines, Securify helps companies conduct business securely over the Internet, private intranets, or extranets. Securify’s portfolio of services include Security Chain Management and Public Key Infrastructure (PKI) integration. The company has developed a suite of business-driven security services and technologies to measure and automate eBusiness security.
“We are pleased to add Internet Security Systems to our list of distinguished investors,” said Dr. Taher Elgamal, president and CEO of Securify. “ISS has a strong reputation in the industry as a leader in developing innovative security management solutions for the Internet. Our suite of Security Chain Management services are an excellent complement to their product and service offerings, and we look forward to working with them in the future as both a technology partner and an investor.”
Tom Noonan, president and chief executive officer of Internet Security Systems added, “Securify and ISS share a vision to continue meeting the need worldwide for innovative e-business protection solutions. Securify has a unique combination of security expertise and innovative technology, and its policy-based platform and security service offerings are well suited to augment ISS’ managed security services and security management software solutions.”
About Internet Security Systems (ISS)
Internet Security Systems (ISS) is a leading global provider of security management solutions for the Internet. By providing industry-leading SAFEsuite(R) security software, remote managed security services, and strategic consulting and education offerings, ISS is a trusted security provider to its customers, protecting digital assets and ensuring safe and uninterrupted e-business. ISS’ security management solutions protect more than 6,000 customers worldwide including 21 of the 25 largest U.S. commercial banks, the top 10 telecommunications companies and more than 35 government agencies. Founded in 1994, ISS is headquartered in Atlanta, GA, with additional offices throughout North America and international operations in Asia, Australia, Europe, Latin America and the Middle East. For more information, visit the Internet Security Systems web site at http://www.iss.net or call 888-901-7477.
Securify is a leading provider of security services for connected businesses. The company’s portfolio of business-driven eSecurity services and technologies help organizations measure and automate security Quality of Service. Securify also provides services to simplify Public Key Infrastructure (PKI) adoption by developing eBusiness strategies and providing expert integration. The company was founded in 1998 and is headquartered in Palo Alto, CA. For more information, please call us at (650) 213-4600 or visit http://www.securify.com.