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As hardware and software performance improved, the difference in firewall performance between the different vendors became much smaller. While performance requirements didn't lessen, the majority of firewalls could meet those requirements, and it became much less of a decision factor. The next battleground would be in capabilities beyond the traditional firewall.
We had a great show in Vancouver this week for the annual Palo Alto Networks Ignite conference. We always value the time spent in the field where we can hear directly from our customers and others in the industry about the challenges they face in optimizing security for today’s threats and business processes. It’s essential to progressing our solutions.
El nuevo paradigma de la automatización es la “Administración del Ciclo de Vida”
Te mostraremos cómo FireMon Intelligent Policy Automation utiliza la tecnología de automatización e inteligencia para reducir el esfuerzo e incrementar la eficacia en cada etapa del proceso de cambios.
Funding by premier private equity and venture capital firm further validates FireMon’s market leading position
OVERLAND PARK, Kan., June 11, 2014
FireMon, the top provider of proactive security intelligence solutions, today announced that Insight Venture Partners, a leading global private equity and venture capital firm, has acquired a majority interest in the company. Specific terms of the deal were not disclosed.
FireMon’s executive team will continue to lead the firm, with Gary Fish serving as Executive Chairman and Jody Brazil as CEO. Customers and partners will see no change in the company’s business strategy, product plans, partner-focused go-to-market strategy and technology partnerships. As part of the transaction, Insight Managing Director Mike Triplett and Principal Martin Angert will join FireMon’s Board of Directors.
“FireMon is dedicated to delivering innovative security intelligence solutions to customers worldwide and the investment from Insight Venture Partners will strengthen our ability to execute on that vision,” said FireMon CEO Jody Brazil. “The FireMon Security Intelligence Platform has a multi-year lead on all competitors and serves the most critical needs of enterprises, government agencies and MSSPs. FireMon products offer the massive scalability, real-time performance, open API extensibility and integrated intelligence collection, analysis and simulation to win the cybersecurity arms race.”
Insight’s investment will accelerate what has already been dramatic growth for FireMon in 2014, highlighted by:
“Securing large networks continues to be a daunting task, as major data breaches around the world confirm almost daily,” said FireMon Founder and Executive Chairman Gary Fish. “The world’s leading enterprises, government agencies and MSSPs trust our people, technology and platform to provide them with the real-time visibility and intelligence needed to proactively automate and fortify their network defenses. This new investment by Insight Venture Partners will enable FireMon to accelerate our plans to solidify Network Security Intelligence as a cornerstone in the global cybersecurity market, and further establish FireMon as the technology and market share leader in this critical space.”
“Network Security Intelligence represents one of the most strategic segments in the cybersecurity market. Security teams need to automate vital operational processes to continuously monitor security, risk and compliance so they can spend more time on proactive efforts that can prevent data breaches,” said Insight Venture Partners Managing Director Mike Triplett.. “We are thrilled to be partnering with such a deep and experienced team at FireMon, and look forward to working with them to continue building a market leading business in security software.” Signal Hill served as FireMon’s M&A advisor; Polsinelli as legal advisors; and BKD as accounting advisors. Willkie Farr & Gallagher LLP served as legal advisors to Insight.
FireMon is the industry leader in proactive security intelligence solutions for large organizations that deliver continuous control of infrastructure, policy and IT risk. The FireMon Security Intelligence Platform is a massively scalable, high-performance foundation for network risk detection, change workflow automation, firewall rule base clean-up, compliance audit assessment and security operations cost reduction. For more information, visit http://www.firemon.com.
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $8 billion and invested in more than 200 companies worldwide. Our mission is to find, fund and work successfully with visionary executives providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit http://www.insightpartners.com or follow us on twitter: Twitter.
Helping Enterprise Security Teams Improve Resource Efficiency & Reduce Overall Risk Exposure
Firewall technology has come a long way since its initial, most rudimentary forms. Next-Generation Firewalls (NGFW) are the latest development, and organizations are accelerating adoption to the new technology. But NGFWs aren’t a fix-all solution.