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Altor Networks wins “Most Innovative Company” award at RSA 2010 Conference
It’s been a pretty good week so far for Amir Ben-Efraim, founder and CEO of Altor Networks, of Redwood City, CA. First, the company won the “Most Innovative Company” award in the Sandbox competition at RSA. Then, an announcement was made that Altor has received $10 million in additional funding from new and founding investors.
Altor Networks is a provider of security for virtual data centers and cloud computing. The company says it developed the world’s first purpose-built firewall for virtual networks and has continued to imbed multiple layers of protection, including on-board intrusion-detection (IDS). The company’s solutions protect some of the world’s most demanding virtual environments, including media company Nielson Corp. and the U.S. Army’s Human Resource Command.
The Innovation Sandbox at RSA is a prestigious competition that provides emerging companies with a platform to showcase new products and services that address the current and emerging threats plaguing information security professionals.
In a GSN: Government Security News video interview taped at the RSA Conference, Dr. Hugh Thompson, RSA’s program director, indicated that the companies competing in the annual Sandbox competition often turn out to be major providers of IT security solutions and standards two years later.
Shortly after being named the winner of the “Most Innovative Company” award, Altor Networks announced that it had closed a Series B funding round with new investors, DAG Ventures, Juniper Networks, with its newly announced Junos Innovation Fund, Accel Partners and Foundation Capital, Altor’s founding investors.
Altor was founded in 2007 by security and networking experts from Check Point Software, Cisco and Oracle.
GSN: Government Security News conducted a video interview with Ben-Efraim shortly before the winner was named in the Sandbox competition. This interview will be posted shortly on the GSN Web site at www.gsnmagazine.com.