Simplicita Secures $2.1M in Financing for Software that Frees ISP Networks from Zombies and Botnets; Product Development Complete; Proven Management Team Raises Series A Round to Fund Go to Market.DENVER -- Simplicita, the company that frees carrier networks from zombies Zombies Companies that continue to operate even though they are insolvent. Also known as living dead. Notes: It's advisable to avoid investing in zombies at all costs their life expectancies are highly unpredictable. , today announced that it has raised $2.1 million in Series A venture capital financing To start an own company or to bring a new product to the market, the venture may need to attract financial funding. There are several categories of financing possibilities. If it is a small venture, then perhaps the venture can rely on family funding, loans from friends . The funds will be used for sales and marketing of the company's just released software product, ZBX, that helps broadband Internet See broadband. Service Providers (ISPs) identify, isolate and fix zombie-infected computers on their networks. The round was led by FFP FFP - Formal FP. A language similar to FP, but with regular sugarless syntax, for machine execution. See also FL. ["Can Programming be Liberated From the von Neumann Style? A Functional Style and Its Algebra of Programs", John Backus, 1977 Turing Award Lecture, CACM Holdings, a Houston-based limited partnership that focuses on startup and early stage technology companies based in Texas and Colorado. Seed funding Seed funding is investing capital to begin a new project, so that it has enough funds to sustain itself for a period of development until it reaches either a state where it is able to continue funding itself, or has created something in value so that it is worthy of future rounds for ZBX research and development was supplied by the company's founders. Simplicita's management team has built several successful internet infrastructure companies including bCandid (acquired by Software.com), MatchLogic (acquired by Excite), and RustNet (acquired by Verio). The company also announced that service provider industry veteran Jon Shantz has joined its board of directors. Shantz has held executive management positions with Openwave Systems, Cisco Systems, Bell Labs and Bellcore, as well as British Telecom. Shantz is also on the board of Bridgewater Systems, True Context and Accelere. "The zombie A computer that has been covertly taken over in order to perform some nefarious task. It is estimated that millions of PCs around the world have been compromised and, under the control of a third party, routinely transmit messages unbeknownst to the user. and Botnet threat is a huge operational problem for carriers and increasingly dangerous security risk for consumers," said Frank Bergen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Simplicita. "Today, the only way for carriers to remove zombies from their networks is through cost-prohibitive manual intervention and help desk calls to subscribers. Simplicita is about to change all that by automating the complete detect and repair process for infected PCs." Simplicita has developed the first commercial security product designed specifically for service providers that dynamically identifies, isolates, and fixes zombies. Unlike conventional solutions that simply block bad traffic generated by infected computers, Simplicita ZBX automates zombie discovery and cleanup without installing any software on 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. subscribers' machines. ZBX was introduced on April 24. "Simplicita has identified the next big problem facing ISPs, wiping zombies and botnets off their networks without disaffecting subscribers," said David Bristol, managing partner for FFP Holdings. "The company's management and technical team has a proven track record for delivering carrier trusted software and rapidly building market share. This is a big market opportunity and Simplicita is in excellent position to be the leader in this space." "The current approach to the bot (1) (roBOT) A program used on the Internet that performs a repetitive function such as posting a message to multiple newsgroups or searching for information or news. Bots are used to provide comparison shopping. Bots also keep a channel open on the Internet Relay Chat (IRC). and botnet problem, blocking bot traffic while allowing infected PCs to remain connected to the network, is not sustainable," said Jon Shantz, carrier industry veteran and new Simplicita board member. "Simplicita has developed a truly innovative solution that not only automates zombie remediation and slashes abuse desk expenditures, but does so in a customer and operations-friendly fashion." About Simplicita Simplicita frees carrier networks from zombie computers. The company has developed the first commercial software product for ISPs, including cable and Telco network operators, that dynamically identifies, isolates, and fixes zombies. The company's management team has previously built Internet infrastructure businesses acquired by software.com, Excite, and Verio. For more information, visit www.simplicita.com. |
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