Light Reading
Mu Security has raised an additional $10 million in a Series B funding round

Mu Security Lands $10M

Light Reading
News Wire Feed
Light Reading
6/27/2006
50%
50%

SUNNYVALE, Calif. -- Mu Security, a pioneer in the new security analyzer market, today announced the company has raised an additional $10 million in a Series B funding round. Mu 's second round of financing was led by Duff, Alderman & Goodrich Ventures (DAG Ventures) and includes Series A investors Accel Partners and Benchmark Capital, bringing Mu Security's total funding since inception to $14 million. Early customer acceptance of Mu's approach to operationalizing security by large enterprises, service providers, product hardware or software developers and government agencies has accelerated this Series B round of funding.

Coinciding with today's funding is the appointment of Amnon Landan, 2003 Forbes Entrepreneur of the Year and former chairman and CEO of Mercury Interactive, to Mu Security's board of directors. Mu Security is also bolstering its executive management team with the strategic additions of Robert Geiger as vice president of engineering and Adam Stein as vice president of marketing. Prior to joining Mu Security, Geiger was a senior director of product delivery at Symantec (NASDAQ:SYMC), managing the development of the company's intrusion protection solutions. Stein was previously vice president of marketing programs with Fortinet, the market leader in multi-threat security systems.

"With only $4 million raised in our Series A round, Mu Security has successfully launched the industry's first Security Analyzer, secured early revenue-generating customers, and has established the company as one of only 10 Startups to Watch in 2006 by Network World," said Ajit Sancheti, CEO of Mu Security. "Customers are adopting the new security analysis methodology to verify the security readiness of any IP-based product or application during design, development and before production network deployment. The broad applicability of our product offerings is a major catalyst for the latest round of funding which will accelerate Mu's sales and marketing efforts to extend our leadership in the emerging security analyzer market."

Mu Security is pioneering the new security analyzer market and is shipping the first commercially available systems that deliver a systematic and repeatable process for detecting known and unknown vulnerabilities in any IP-based application or device. One of the significant features of the Mu Security Analyzer is ethical attack mutations based on a patent-pending methodology called Protocol Spidering(TM). This methodology generates millions of highly targeted permutations of improper or illegal protocol behaviors allowing customers to identify and remediate security vulnerabilities and robustness problems. The Mu-4000's extensible platform-based approach easily incorporates new security analysis applications to Mu Security's existing analysis suite, ultimately offering higher levels of product security and robustness to end user and developer customers.

"The problem of product security is widespread. Without a systematic approach to reduce vulnerabilities for the coming IP device explosion, increased spending on point security products will continue to be an ineffective approach," said Landan. "The company packages a compelling security analysis suite whose underlying process provides immediate security relief for developers, service providers and enterprises alike."

Mu Security Inc.

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Flash Poll
LRTV Custom TV
A New Security Paradigm in SDN/NFV

7|28|14   |   02:54   |   (0) comments


Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
LRTV Documentaries
Sprint's Network Evolution

7|24|14   |   14:59   |   (0) comments


Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
LRTV Documentaries
BTE Keynote: The Software-Defined Operator

7|24|14   |   18:43   |   (1) comment


Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
Light Reedy
Numbers Are In: LR's 2014 Salary Survey

7|24|14   |   1:25   |   (7) comments


Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
LRTV Custom TV
Driving the Network Transformation

7|23|14   |   4:29   |   (0) comments


Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
LRTV Custom TV
Distributed NFV-Based Business Services by RAD

7|18|14   |   5:38   |   (0) comments


With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
LRTV Custom TV
MRV Accelerating Packet Optical Convergence

7|15|14   |   6:06   |   (0) comments


Giving you network insight to make your network smarter.
LRTV Custom TV
NFV-Enabled Ethernet for Generating New Revenues

7|15|14   |   5:49   |   (0) comments


Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
LRTV Custom TV
Symkloud NVF-Ready Video Transcoding, Big Data

7|9|14   |   3:41   |   (0) comments


Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
LRTV Huawei Video Resource Center
The Evolving Role of Hybrid Video for Competitive Success

7|4|14   |   4:09   |   (0) comments


At Huawei's Global Analysts Summit in Shenzhen, China, Steven C. Hawley from TV Strategies speaks to us about the evolving role of hybrid video for competitive success.
LRTV Huawei Video Resource Center
How CSPs Leverage Big Data in the Digital Economy

7|4|14   |   4:48   |   (2) comments


Justin van der Lande from Analysys Mason shares with us his views on how telecom operators can leverage customer asset monetization with big data. His discusses the current status of big data applications and the challenges and opportunities for telecom operators in the digital economy era.
LRTV Huawei Video Resource Center
Accelerator for Digital Business Future Oriented BSS

7|4|14   |   3:08   |   (0) comments


Mobile and internet are becoming intertwined; IT and CT are integrating; and leading CSPs have begun to transform to information service and entertainment providers. How should the BSS system evolve to enable this transformation? Karl Whitelock, an analyst at Frost & Sullivan, shares his views.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Packet Design asks network professionals how they handle the cloud, SDN, and network management.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
The Municipal Menace?
Jason Meyers, Senior Editor, Utility Communications/IoT, 7/22/2014
Cisco Puts a Fog Over IoT
Sarah Reedy, Senior Editor, 7/23/2014
Apple Earnings: Strong iPhone Sales, iPad Sales Slump, $7.8B Profit
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/22/2014
Salary Survey Report 2014
Sarah Reedy, Senior Editor, 7/23/2014
Like Us on Facebook
Twitter Feed