Crossbeam Systems, a start-up based in Concord, Massachusetts, secured $18 million in new funding for its network security solutions. Crossbeam offers a high performance security platform for delivering intrusion detection, firewalls and VPN services. The company said it made noteworthy advances in increasing its customer base in Q1, including ALLTEL, DCS (a Sabre company), Fujitsu Services, Britannic Money, and Winsonic Holdings. The new funding was led by Matrix Partners, North Bridge Venture Partners and Commonwealth Capital Venture Partners, and included Intel Capital and Charles River Ventures. Crossbeam has raised $52 million to date.
http://www.crossbeamsystems.com
- The Crossbeam platform integrates deep packet processing capabilities with subscriber, network, and policy application awareness running on a Linux operating system to create an open, content service overlay network. The vision is to migrate enterprise and workgroup scale applications, such as firewalls and user-specific security and VPNs, to carrier-class services. Check Point’s Firewall-1/VPN-1 software will be the first application to run on the Crossbeam platform. Other applications, such as Distributed Denial-of-Service (DDOS), Intrusion Detection and content delivery, could also be delivered. Instead of using ASICs, the Crossbeam x40 platform leverages deep packet network processors from Vitesse Semiconductor and general purpose CPUs.