Company 51 Changes Name to Sana Security.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Dec, 10, 2002 Today, Company 51 announced that it has changed its name to Sana Security, Inc. Founded in 2000 as Company 51, Sana Security is taking a powerful new approach to computer security in complex, real-world environments, by developing application security software that provides highly automated and effective detection and prevention of all attacks, for all applications, on all platforms. The company has already drawn widespread attention for an innovative new way of applying principals of the immune system immune system Cells, cell products, organs, and structures of the body involved in the detection and destruction of foreign invaders, such as bacteria, viruses, and cancer cells. Immunity is based on the system's ability to launch a defense against such invaders. that appears to secure corporate and government applications more cost effectively and accurately than ever before possible. Results among early users have included far lower false positives -- the erroneous erroneous adj. 1) in error, wrong. 2) not according to established law, particularly in a legal decision or court ruling. classification of legitimate activities as malicious acts. About Sana Security Sana Security develops and markets application security software that protects all computer applications on any platform. Commercializing a unique, patent-pending technology developed by founder Dr. Stephen Hofmeyr, the company's first product, Primary Response, uses principals of the human immune system to deliver more effective, universal and automated application security than has ever been possible -- at a lower cost of ownership. With headquarters in San Mateo, Calif., Sana Security is founded by leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] Sevin Rosen funds Sevin Rosen Funds (SRF) is a venture capital firm that was established in 1981 by L.J. Sevin and Ben Rosen. SRF was involved in the financing of ArQule, CIENA, Citrix, Cypress Semiconductor, Electronic Arts, Lotus Development Corporation, Silicon Graphics, and Vitesse. and El Dorado El Dorado, legendary country of South America El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America. Ventures. To be notified of upcoming Sana events, please contact Angelique Faul at angelique@evanspartners.com; 650/595-8757. The Sana Security Web site is located at http://www.sanasecurity.com. |
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