Wednesday, 7 August 2013

APT fighter FireEye files for $175M IPO

FireEye, a Californian company that was started up in 2004 by a former Sun Microsystems engineer, has raised around $100 million from venture firms, including $50 million earlier this year. Its SEC filing reveals that it has more than 900 employees. It seems quite rare to see an IPO for a cyber security company, especially one that is 9 years old. I think FireEye have hit the big time with their focus on Advanced Persistent Threats. The fight against APTs required a radical re-think of optimal security measures.

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