PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Bit9, Inc.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Bit9 Raises $10 Million in Third Round of Venture Funding - .406 Ventures leads series C financing for breakthrough application control and device control provider
Bit9 Raises $10 Million in Third Round of Venture Funding


NewswireToday - /newswire/ - Roseville, CA, United States, 2007/10/22 - .406 Ventures leads series C financing for breakthrough application control and device control provider.

Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Bit9, Inc., the leading provider of application control and device control solutions, today announced it has raised $10 million in a third round of private venture funding. Leading the round was .406 Ventures, with participation from existing investors Kleiner, Perkins Caufield & Byers, Atlas Venture, and Highland Capital Partners. The new round brings Bit9’s venture funding to date to $25.8 million, with an additional $2 million provided by a federal grant from NIST ATP in 2003.

“By providing a completely differentiated application control and device control solution that enables customers to specify which software and devices are appropriate and approved to operate within their environment, Bit9 customers experience an unprecedented level of visibility and control over their networks and endpoints,” said Maria Cirino, managing director of .406 Ventures. “The technology behind this innovative approach to securing enterprise desktops and laptops is unequaled, and .406 Ventures is pleased to lead this financing round to help the company leverage its early market leadership.”

“A very important paradigm shift within the security industry is software whitelisting and device whitelisting, and Bit9 gives customers an easy and business-friendly way to achieve it,” said Ted Schlein, partner at Kleiner, Perkins, Caufield & Byers. “We believe Bit9 offers a game-changing technology that transforms the way companies protect their endpoints.”

“The bottom line is that Bit9's application control and device control solutions are addressing two of the most important concerns in information security today: preventing malware and data leakage,” said Jeff Fagnan, partner, Atlas Venture. “Bit9 continues to gain market traction and momentum with prospects and customers; the new funding will help Bit9 further capitalize on its impressive track record.”

“Bit9’s breakthrough approach to controlling desktops and devices both automates the approval of trusted software and devices and stops unapproved software from executing, providing customers with a multi-layered endpoint security strategy,” said Paul Maeder, managing general partner, Highland Capital Partners. “For customers needing Windows lockdown or whitelisting solutions, there is really nothing else like it in the industry, and we are delighted to continue our support of Bit9.”

In addition to closing its third round of funding, Bit9 recently introduced Version 4.0 of its Parity™ application control and device control solution with enhanced automatic whitelisting of trusted software and devices, granular device whitelisting, simulation of policy enforcement, and flexible Active Directory integration.

Bit9 also offers the Bit9 Knowledgebase, the largest collection of actionable intelligence about the world’s software, including commercial applications, open-source software, drivers, libraries, and malware. The Bit9 Knowledgebase currently comprises more than 4 billion files and grows by up to 50 million records a day. This software identification service helps users understand what is on their desktops, accurately assess threat levels, and build a whitelist of trusted applications and devices specific to their environment.

Bit9 has been recognized for its innovative approach to desktop security with 8 prestigious awards this year, including SIIA’s CODiE awards, AlwaysOn Top 100 Private Companies, and the ComputerWorld Honors Awards, among others.

About .406 Ventures
Founded in 2006, .406 Ventures is an early-stage venture capital firm that invests in innovative Information Technology (“IT”) and services companies founded by the finest entrepreneurs. The .406 Ventures team is comprised of industry entrepreneurs, operators and investors who apply real world experience, deep industry knowledge and networks, and strong company-building skills to create value for our entrepreneurs and investing partners. .406 Ventures makes early-stage and de novo investments in market-changing IT Security and Infrastructure, Technology-Enabled Business Services, and Next-Generation Software companies.

About Bit9, Inc.
Bit9, Inc. ( is the leading provider of application control and device control solutions. The company’s award-winning, patent-pending whitelisting technology prevents malicious software and data leakage by centrally controlling which applications and devices can and cannot operate.

Unlike other application control and device control alternatives, Bit9 leverages the world’s largest knowledgebase of application intelligence to achieve business-friendly whitelisting, enabling IT professionals to realize the highest levels of desktop security, compliance, and manageability. Founded in 2002 by the founders of Okena (acquired by Cisco Systems (NASDAQ: CSCO)) and headquartered in Cambridge, Massachusetts, Bit9 is a privately held company.

Bit9, Inc., Automatic Graylists, FileAdvisor, Find File, Parity, and ParityCenter are trademarks or registered trademarks of Bit9, Inc. All other names and trademarks are the property of their respective owners.

Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: Bit9, Inc.


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+]

# # #
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!

  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!

Bit9 Raises $10 Million in Third Round of Venture Funding

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Publisher Contact: Tamara Coil - for Bit9 
916-770-7061 debbieb[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Bit9, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Bit9, Inc. / Company Profile

Read Software Most Recent Related Newswires:

NAKIVO Decreases Backup Administration Time by 50% and Storage Space by 30% for FEhS Institute
Gartner Positions Kentico Software in Magic Quadrant for Horizontal Portals
Yellowfin Named A Leader in Fourth Consecutive Nucleus Research Value Matrix for Business Intelligence & Analytics
Altitude and Comways Partner to Deliver New Contact Center Solutions for High Growth Companies in Benelux
The Weather Company Launches its Signature WEATHERfx Ad-targeting Platform in Germany with BurdaForward
Infor Named on the Constellation ShortList™ for Global HCM Suites and Enterprise Cloud Finance
Valenta Pharm Optimizes Budget Management with Infor BI
Rocket Software Business Intelligence Increases the Value of Cognos TM1 Investment
Greater Edmonton Foundation Centralizes Operations with Yardi Voyager
OneLogin Pioneers First-Ever HR-driven Identity Integration with Namely
IBM and Quest Diagnostics Launch Watson-Powered Genomic Sequencing Service to Help Physicians Bring Precision Cancer Treatments to Patients Nationwide
Bomgar Demonstrating Benefits of Chat, Integrated Remote Support At TSW 2016
Infor Retail Named a Leader in the Gartner 2016 Magic Quadrant for Merchandise Assortment Management Applications
Mentor Graphics Nucleus RTOS Advances EtherCAT Real-Time Performance for Industrial Automation
Xactly and Miller Heiman Group Partner to Deliver Sales-Altering Intelligence to Customers

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit  MagLar, Inc.


  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (