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TWST: Can you give us a brief introduction and a short history of Finjan?
Mr. Polani: Finjan is a key player in the secure content management market.
Finjan provides proactive web security solutions for businesses and
organizations. Our solution utilizes patented behavior-based technology to
proactively repel all types of web-borne threats like Spyware, Phishing,
Trojans, and other types of malicious code without signature updates. The basic
security capabilities in our solution provide customers with protection long
before the traditional antivirus and other traditional security products can
release an update or patch their solution against those emerging threats. We
have a global installed base at numerous customers in the US and in Europe, and
we are starting to see more and more installations in Asia as well. We also
offer a regulatory compliance solution for enterprises and government. Finjan's
web security appliances for businesses of different sizes, start with the
smallest version of about 1,000 users, and scale up to implementations of
250,000 users. Customers include Fortune 1000 companies in the finance, banking,
insurance, healthcare, airlines, governmental, and high technology sectors. The
main market focus is on finance, banking, and governmental sectors.
The company was founded in 1996. We brand our technology under the trademark,
"Vital Security." We deliver our appliances to a worldwide channel network of
distributors and value-added resellers. Currently, we have 130 plus employees in
the company. We have offices in North America, Europe, and Asia. Our main R&D
facility is in Israel.
Finjan is a privately owned company. The main shareholders are Cisco, Microsoft,
Bessemer Venture Partners, Benchmark Capital, HarborVest Partners, and Israel
Seed Partners.
Since 1996, the company has gone through different approaches. IP was developed
over time. Currently, we have 16 granted patents and 28 pending ones, most of
which are related to our behavior blocking technology. During 2005-2006, the
company went through an across-the-board company reorganization and strategic
redirection. We have repositioned the company in the web security space. We are
currently a leader in that space and our goal is to strengthen our leadership
position and be the "gold standard" in that space.
Tickers included in this excerpt: PVT
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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