& cplSiteName &

Britestream Secures $10M

Light Reading
News Wire Feed
Light Reading

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 recently visited the University of North Carolina Charlotte (UNCC) where Cisco's Tetration application is providing data center analytics, simplifying SDN, helping with cloud migration and overseeing white-list security policy.
Flash Poll
Upcoming Live Events
March 20-22, 2018, Denver Marriott Tech Center
March 22, 2018, Denver, Colorado | Denver Marriott Tech Center
March 28, 2018, Kansas City Convention Center
April 4, 2018, The Westin Dallas Downtown, Dallas
April 9, 2018, Las Vegas Convention Center
May 14-16, 2018, Austin Convention Center
May 14, 2018, Brazos Hall, Austin, Texas
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
AT&T Likens DoJ Suit to Shaved Persian Cat
Mari Silbey, Senior Editor, Cable/Video, 3/12/2018
Trump Blocks Broadcom's Qualcomm Acquisition
Dan Jones, Mobile Editor, 3/12/2018
John Deere Bets the Farm on AI, IoT
Scott Ferguson, Editor, Enterprise Cloud, 3/12/2018
Rumor Mill: SoftBank Still Eyeing Charter
Mari Silbey, Senior Editor, Cable/Video, 3/12/2018
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