Big Fish Communications Completes $6.5 Million Series B Funding; Expands Senior Management Team to Tackle Snowballing Message Management Problem for Enterprises.Business Editors MARINA DEL REY Del Rey may refer to:
Big Fish Communications Inc., a trusted provider of e-mail protection and message management services, today announced it has received $6.5 million in new funding led by Sierra Ventures, a 20-year veteran of funding technology companies. Big Fish's goal is to make corporate messaging environments secure by removing unwanted viruses and spam E-mail that is not requested. Also known as "unsolicited commercial e-mail" (UCE), "unsolicited bulk e-mail" (UBE), "gray mail" and just plain "junk mail," the term is both a noun (the e-mail message) and a verb (to send it). , while protecting critical information contained in email from damage or loss. The new financing will help the company expand globally, boost sales and development, and build out its network infrastructure to accommodate processing daily message volumes reaching tens of millions. Unwanted spam and damaging viruses plague enterprises large and small. Spam has exploded 1600 percent in the last two years, and according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent Gartner Research note, spam accounts for 30-50 percent of Gartners' clients total email traffic. The sheer volume of spam creates time management issues for employees, costing an estimated $1 per unwanted email in lost productivity and bandwidth costs, according to ZD Tech. Over the past several months, Big Fish also landed an experienced management team with proven success at market-leading technology companies including AT&T, Gateway, Internet Security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. Systems (ISS ISS See Institutional Shareholder Services (ISS). ), Symantec and Tivoli. The new executives are Steve Jillings, president and chief executive officer; Robert Crone crone see crock. , chief financial officer; John DiFrenna, vice president of direct sales; Grant Johnson, vice president of marketing; Dan Nadir, vice president of product management; and Scott Walker Scott Walker can refer to more than one person:
Jillings, Big Fish's president and chief executive officer, has over 20 years experience building multiple startups from inception to successful commercialization. He is primarily responsible for driving the company's growth. "Big Fish has the best approach for the enterprise market and is delivering must-have services that enhance and protect companies' messaging infrastructure. With a quality funding partner like Sierra Ventures and the expansion of our management team, Big Fish is in an ideal position to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. a great market opportunity," said Jillings. "E-mail is clearly a critical part of an enterprise's communications infrastructure," said Mark Fernandes of Sierra Ventures. "With its best-of-breed services, strong list of technology and distribution partners, sizable customer base and seasoned management team, we believe Big Fish is well positioned to be the dominant provider of secure and reliable messaging services to both Fortune 500 and smaller companies." About Sierra Ventures Sierra Ventures is a privately held venture capital firm focusing its investments on early stage communications, software and Internet related content and infrastructure product and services companies. As active investors, Sierra works with entrepreneurs and management teams to originate and build new companies into large and profitable businesses. Sierra Ventures manages eight venture capital partnerships, which together have more than $1 billion of committed capital. About Big Fish Communications Big Fish Communications is the trusted provider of enterprise-class e-mail protection and message management services. Big Fish's solutions, positioned within the Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. , protect corporations from spam and viruses with unmatched performance, availability and reliability. Unlike premise-based offerings, which require dedicated resources and are expensive to install and maintain, Big Fish offers an affordable solution that is easily implemented in a matter of minutes A Matter of Minutes is an episode from the television series The New Twilight Zone. Cast
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