Tuesday, May 13, 2008

FireEye, is enabling organizations to protect critical intellectual property, computing resources, and network infrastructure against botinfiltration

What Company Is Offering:
FireEye, Inc. is the leader in anti-botnet protection, enabling organizations to protect critical intellectual property, computing resources, and network infrastructure against bot infiltration. Today’s most damaging attacks originate from and through highly organized botnets, or networks of remotely controlled, compromised machines. FireEye delivers a complete solution that is designed from the ground up to detect and protect organizations from botnets through global and local intelligence and analysis.

How Much They Got From VCs:
FireEye, Inc., the leader in global anti-botnet protection, today announced $14.5 million in new venture capital funding from a suite of blue-chip investors led by DAG Ventures with Juniper Networks, JAFCO Ventures, SVB Capital, Norwest Venture Partners (NVP) and Sequoia Capital also participating. The new investment marks the company’s third round of funding totaling $34.5 million. FireEye will leverage the new funding to further develop the company’s botnet protection solution and key sales and marketing initiatives.

Why To Use It:
Botnets are armies of infected and remotely controlled computers, or bots, which are employed by cyber criminals to exploit consumers and businesses for profit. According to the Federal Bureau of Investigation (FBI), the annual loss due to computer crime is estimated at $67.2 billion for U.S. businesses. By coordinating hundreds of thousands of infected PCs into a highly efficient botnet, cyber criminals can execute a wide range of malicious attacks from denial-of-service (DoS) extortion and consumer identity theft to phishing schemes and government espionage. The increase in user-generated Web content and the popularity of Web 2.0 applications in the enterprise such as Web-based e-mail, social networking and SaaS CRM provide botnet hackers with new vectors for infiltration. Preventative measures such as FireEye’s Botwall™ solution are essential in discovering and stopping botnet infections before they put resources, information and people at risk.

More at:www.FireEye.com

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