Symantec Acquires Startup 50 Company - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Mobile // Mobile Applications
10:59 AM
Connect Directly

Symantec Acquires Startup 50 Company

Mi5 Networks, which makes a Web security appliance, will be integrated into Symantec's product line later this year.

Mi5 Networks, which makes a Web security appliance, will be integrated into Symantec's product line later this year.Symantec announced Monday it is acquiring Mi5 Networks, which makes a Web security gateway appliance.

Mi5 is one of the winners of our first-ever Startup 50, which recognizes 50 innovative young companies building products for enterprise IT.

Mi5's Web appliance can be stocked with modules for URL filtering and malware detection. On the malware detection front, it prevents users from going to known spyware sites, and will inspect active content such as ActiveX and Java for malicious attributes. It also scans file downloads and will stop users from downloading infected files.

It can also detect and block attempts by malware on PCs to "phone home" to a control system. The company also offers an ActiveX agent that can be deployed from the appliance to infected PCs to clean up viruses and spyware.

Mi5 currently uses the Sophos antivirus engine. Symantec says it will replace Sophos with its own AV technology.

Mi5 was founded in 2004 by Doug Camplejohn and Ofer Doitel. The company had raised $4 million in venture capital from Labrador Ventures and First Round Ventures.

The acquisition closes a hole in Symantec's portfolio, but it faces strong competition. Websense leads the market in Web security gateways. Other competitors include McAfee (via its acquisition of Secure Computing's Web Washer) and IBM ISS.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

How SolarWinds Changed Cybersecurity Leadership's Priorities
Jessica Davis, Senior Editor, Enterprise Apps,  5/26/2021
How CIOs Can Advance Company Sustainability Goals
Lisa Morgan, Freelance Writer,  5/26/2021
IT Skills: Top 10 Programming Languages for 2021
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/21/2021
White Papers
Register for InformationWeek Newsletters
Current Issue
Planning Your Digital Transformation Roadmap
Download this report to learn about the latest technologies and best practices or ensuring a successful transition from outdated business transformation tactics.
Flash Poll