Asta Networks Closes First Round of Funding; Company Secures $3 Million in Funding With Madrona and ARCH as Lead Investors.Business/High Tech Editors SEATTLE--(BUSINESS WIRE)--Aug. 22, 2000 Asta Networks, the leader in developing solutions to counter Denial of Service A condition in which a system can no longer respond to normal requests. See denial of service attack. (DoS) attacks, announced today it has secured $3 million in the company's initial round of financing led by the Madrona Venture Group and ARCH Venture Partners. Asta Networks is the market leader in the development and deployment of end-to-end distributed network solutions to increase Internet reliability. The company's service is designed to detect, trace and counter DoS attacks, improving the Internet's viability and flow of communication. In addition, Asta Networks has appointed Alex Knight, Managing Director at ARCH Venture Partners, Greg Gottesman, Managing Director at Madrona Venture Group and strategic advisor Daniel Weld, professor of Computer Science at the University of Washington, as new members of the board of directors. "ARCH has a long history of building companies in partnership with researchers and we are confident that this group's research at the University of Washington and other leading academic institutions will play a key role in building Asta Networks and truly world class products and services," said Alex Knight of ARCH Ventures. "We are enthusiastic about the decades of combined experience the Asta team brings to detecting and addressing Denial of Service and other disruptive attacks," said Greg Gottesman, Managing Director at Madrona Venture Group. "As the Internet becomes an integral part of the economic and social fabric of society worldwide, maintaining and protecting the integrity of the overall system is absolutely essential." "Asta Network possesses a unique combination of expertise and experience to address DoS attacks that are proliferating rapidly throughout the Internet," said Dr. Tom Anderson For the related name Thomas Anderson, see . Tom Anderson refers to several people:
Asta Networks Asta Networks (www.astanetworks.com) was founded by worldwide leaders in the fields of Internet software, networking, operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. and security. Seattle-based Asta Networks is creating network infrastructure solutions to improve Internet reliability. Asta's first solution is designed to monitor, track, and counter Denial of Service (DoS) attacks for ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. networks. ARCH Venture Partners With offices in Albuquerque, Austin, Chicago Austin, located on the Far West Side of Chicago, Illinois, is the largest (by population) of the city's 77 officially defined community areas (neighborhoods), followed by Lakeview. Its eastern boundary is Cicero Avenue. Its northernmost border is the Milwaukee District/West Line. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and Seattle, ARCH Venture Partners (www.archventure.com) is a premier provider of seed and early stage venture capital for the commercialization of innovations in information technology, life sciences, and the physical sciences. The partnership's special expertise is to found, co-found, and build technology firms from startup. Partnering with entrepreneurs, academic institutions, and national research laboratories nationwide, ARCH has built more than 60 successful companies, many of them from the concept stage. ARCH's investments include, among many others, New Era of Networks, Apropos Technology, Caliper caliper Instrument that consists of two adjustable legs or jaws for measuring the dimensions of material parts. Spring calipers have an adjusting screw and nut; firm-joint calipers use friction at the joint to hold the legs unmoving. Technologies and Nimble Technology. Madrona Venture Group Madrona Venture Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (www.madrona.com) is an early-stage venture capital firm focused on the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. in the Northwest. The firm targets investments in Internet and wireless technologies, with an emphasis on infrastructure, platform technologies, consumer services, and business software and services. Based in Seattle and Portland, Madrona has a $250 million fund that includes early-stage investments such as Amazon.com, Etrieve, Nimble Technology and Terabeam. |
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