Briefs: Company news, September 2015
»Symantec, a Mountain View, Calif.-based information security provider, has partnered with Frost Data Capital to help create and see early-stage startups surround cybersecurity analytics, Big Data and the Internet of Things (IoT). The two firms will assist with funding, resources and expertise. Frost Data Capital will provide access to its data analytics ecosystem and Symantec will collaborate with the start-ups to provide insight on threats. Up to 10 companies per year will be chosen for participation.
»Eric Mann and Mike Bossert (left) have joined Sunnyvale, Calif.-based Fortinet as sales vice presidents. Both men will focus on expanding and growing the enterprise and mid-enterprise market segments. Mann previously worked at NetApp as SVP and general manager of the company's Americas sales organization. Bossert previously held the executive vice president of sales position at FishNet Security, now Optiv Security.
»The Information Technology Industry Council, a Washington D.C.-based tech advocacy and policy organization, has hired Ed Brzytwa as director of global policy for localization, trade and multilateral affairs. Brzytwa previously served as the director for Asia-Pacific Economic Cooperation affairs at the Office of the United States Trade Representative. His new role will have him focusing on leading ITI's efforts to craft and pursue global and market-specific approaches to ensuring free cross-border data flows.
»Zscaler, a San Francisco-based SaaS provider, closed a $100 million investing round led by TPG. As part of the investment, Nehal Raj, a partner at TPG, will be appointed to the Zscaler board of directors. The firm's investment comes from TPG Growth, the middle-market fund with more than $7 billion
in assets under management and committed capital. Other investors included EMC and Lightspeed Ventures.
»Nancy Bush (left) has joined ThreatStream, a Redwood City, Calif.-based enterprise-class threat intelligence platform provider, as the company's chief financial officer. Bush previously worked at Adaptive Insights, a cloud provider, where she was vice president of finance. Prior to that, she was the acting CFO and vice president of finance at Fortinet and the vice president of finance at ArcSight. She's also served as vice president of finance at Packeteer as well as at Maxtor.
»RedOwl, a San Francisco-based insider risk management and security analytics company, raised $17 million in Series B funding. The round was led by Allegis Capital. The funding will be put toward continued expansion, further product build-out and data science team development, as well as a broadened marketing effort. The company also appointed Robert Ackerman, founder and managing director of Allegis Capital, to the board, where he will join Jay Leek and Elad Yoran.
»Blue Coat Systems, a Sunnyvale, Calif.-based enterprise security provider, acquired Perspecsys, a cloud data protection solutions provider, and with this acquisition, Blue Coat will expand its cloud security offerings.