Network Associates agreed to acquire IntruVert Networks, a start-up offering intrusion detection systems, for $100 million in cash. IntruVert’s real-time network intrusion detection technology integrates signature, anomaly, and Denial of Service (DoS) detection techniques on a hardware-based platform designed for multi-gigabit speeds. Network Associates said the IntruVert system is perfectly aligned with its vision of stopping any attack that gets inside the firewall. IntruVert’s equipment has been deployed by enterprise customers such as Prudential Financial, HomeBanc Mortgage Corporation and California State University at Hayward, and government customers such as the United States House of Representatives.
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- In October 2002, IntruVert Networks raised $15.5 million in Series C financing for its intrusion detection systems (IDS) for large, distributed enterprise networks. IntruVert’s IntruShield sensor appliances are capable of handling deep-packet inspection at up to 2 Gbps. The system is designed to accurately detect network attacks and instantly block them before damage is incurred. The new funding was led by Worldview Technology Partners, with ComVentures and Trinity Ventures also participating. IntruVert Networks has raised approximately $36 million in three rounds of financing.
