What Company Is Offering:
ForeScout specializes in network policy management for enterprises looking to secure their networks without needlessly punishing end users. The company's network appliances are in service in over 500 enterprises in 37 countries, with customers from Banking, Education, Energy, Financial Services, Healthcare, Manufacturing, Technology and Transportation. Its flagship product, CounterACT? is the world's most deployed NAC solution: it is fast and easy for administrators to deploy, manage and maintain and offers users zero-disruption.
How Much They Got From VCs:
ForeScout Technologies, the leading provider of regulatory compliance solutions and clientless network access control (NAC) for Fortune 500 enterprises and government organizations, today announced it has completed an internal $8M fundraising round with all existing venture partners participating including Accel Partners, Amadeus Capital Partners, Meritech Capital Partners and Pitango Ventures. The company experienced a breakout year in 2007 with 80 percent growth, setting the stage for this further investment to fuel sustained compliance and NAC leadership.
According to T. Kent Elliott, ForeScout CEO: "ForeScout's success has kept our investor confidence high, believing in the proven potential of regulatory compliance and access control markets. While others have faltered, ForeScout has been able to consistently deliver industry leading technology to the most demanding enterprises and government organizations in the world. This combination of strong technology and focused go-to-market execution has allowed ForeScout to take market share from companies like Cisco and Microsoft gaining the trust of large enterprises that are under pressure to achieve regulatory compliance, like PCI DSS or HIPAA, and implement strong network access control."
More at:www.forescout.com
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