Spearhead Security Technologies Announces $24 Million Venture Capital Investment; JK&B, Goldman Sachs Among Backers of Israeli-based Network Security Firm.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 8, 2000 Spearhead Security Technologies, Inc., announced it has secured $24 million in investment capital from companies including JK&B, Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. (NYSE NYSE See: New York Stock Exchange : GS), Telindus (BXS BXS Brussels Stock Exchange BXS Bronx X-Ray Server : TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom ), one of the leading European integrators of network systems, Broadview Associates, and Comsor (a Comverse affiliate fund), among others. 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. an official, this is the single largest investment the company has received to date. Current shareholders such as Comsor and Broadview, which had previously invested in Spearhead also participated in this round. Spearhead, based in Israel, develops and manufactures high-level security devices for computers connected in networks or to the Internet. Its principal product is AirGap 300, aimed at the enterprise computing market and introduced earlier this year. Spearhead president and founder, Buky Carmeli, said that in addition to the companies participating in the current round of financing, Templeton Advisors, the investment bank, and Seed Capital Partners fund (a Softbank Corp. affiliate (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : SFTBF), are among the companies with investments in Spearhead. About Spearhead Security Technologies Spearhead Technologies Inc., was established in 1998, and is the developer of GAP Technology. Its derivative product series, AirGAP 200 and AirGAP 300 is the world's most secure Internet and network appliance for the enterprise. Spearhead is the owner of a patented technology, called GAP technology. GAP technology is the ideal solution for maintaining full, uninterrupted Internet access, while eradicating the associated risks of intrusion and data theft. Spearhead's GAP provides a high-performance Internet isolator, which physically keeps the corporate network disconnected from the outside world, while enabling high-speed data verification, information inspection, and content checking. Based on its technology, Spearhead offers a range of solutions to the enterprise, Web-server farms, network devices, and telecommunication applications. The US headquarters for Spearhead Security Technologies is located at 48 South Service Road, Melville NY 11747. The company telephone is 516-465-2054; fax: 516-465-2136. Its URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. is www.sphd.com. |
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