& cplSiteName &

Britestream Secures $10M

Light Reading
News Wire Feed
Light Reading
10/18/2005
50%
50%

AUSTIN, Texas -- Britestream Networks, the leading provider of hardware-based data privacy solutions, today announced it has secured $10 million in a third round of financing. The Series C round was led by Austin Ventures and also included participation from Granite Ventures, Seed Capital Partners, Technology Association Management Company, Chisholm Partners, Parker Price Venture Capital and other existing investors. Britestream will use this latest round of funding for continued product development and expansion of the company's sales efforts.

Britestream's solutions help to address today's top security concerns -- data privacy and regulatory compliance -- by providing a secure, scalable and simple solution for processing SSL-encrypted network traffic.

The company has experienced increased adoption of its solutions by customers from the financial services, e-commerce and government sectors. Britestream's solution is unique in offering a plug-and-play security Network Interface Card (NIC) that provide 100 percent SSL offload to the server or the network edge device in which it is installed.

"We experienced strong growth and steady product adoption in the first three quarters of 2005 and are looking forward to continued success for the remainder of this year and into 2006," said Bob Weinschenk, president and CEO of Britestream. "We believe that our commitment to meeting the data security challenges of today's organizations and continued product innovation are the foundations for our success."

Britestream Networks Inc.

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
March 20-22, 2018, Denver Marriott Tech Center
March 22, 2018, Denver, Colorado | Denver Marriott Tech Center
April 4, 2018, The Westin Dallas Downtown, Dallas
May 14-16, 2018, Austin Convention Center
All Upcoming Live Events
Hot Topics
Sprint Says No to mmWave, Yes to Mobile 5G
Dan Jones, Mobile Editor, 1/11/2018
Altice USA Embraces Home-Alone Strategy
Alan Breznick, Cable/Video Practice Leader, Light Reading, 1/11/2018
Huawei, ZTE Face US Federal Ban
Iain Morris, News Editor, 1/15/2018
Trump Says Foxconn Will Make iPhones in US
Dan Jones, Mobile Editor, 1/15/2018
Ericsson Lurches to $1.8B Write-Down
Iain Morris, News Editor, 1/16/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial and often most challenging is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company Tribold from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed