Finjan Software secures funding from Cisco

Source: Finjan Software

Finjan Software, a global provider of best-of-breed proactive web security solutions for businesses and organizations, today announced that Cisco has decided to join the recent investment round led by HarbourVest Partners.

Finjan will use the proceeds to accelerate growth and strengthen its product portfolio.

This round of funding will extend Finjan's sales and marketing activities and bolster its leadership position in the web security market. Finjan will also continue to invest in the ongoing enhancement of its product portfolio and content inspection technologies, as well as new R&D initiatives.

"We are thrilled that Cisco has decided to extend its investment in Finjan," said Asher Polani, President and CEO at Finjan. "We appreciate the confidence and support our investors have shown in the company's overall strategy, product directions and unique security technologies, which will enable us to capitalize upon our positive business momentum."

Finjan's web security solutions enable companies and organizations to reduce security risks and still take full advantage of the web as a business tool. The dramatic increase in web-borne threats - such as Spyware, Phishing, viruses, Trojans, and other malicious code - expose businesses to identity theft, privacy liability issues and compromised intellectual property. Finjan's patented behavior-based security and vulnerability patching technologies proactively repel all types of web-borne threats, securing businesses against unknown and emerging web threats. Finjan's Vital Security Appliances and Vital Security SDK offering have received multiple industry awards and recognition, attesting to the unparalleled security delivered by Finjan's robust and patented behavior-based technologies.

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