Nevis launches network security solution

Pune-based Nevis Networks, announced the launch of its comprehensive networking solution, LANenforcer on Monday.Over $40 million of venture capital funding has backed the company since its inception in October 2002.

Describing LANenforcer Vinod Dham, co-founder and managing director, NewPath Ventures and the original venture capitalist backing Nevis said," a product which integrates one of the most advanced chips, Super Nova and software to provide a complete, comprehensive and innovative solution for addressing security."

The company works on a cross border model, with 80 per cent operations in Pune and 20 per cent in the US.

"This model has helped us get a competitive differentiation, allowing us to put together a good management team, get funding and access to markets and create intellectual property (IP) in India," said Charles Dauber, president and chief executive, Nevis Networks.

Besides, NewPath Ventures, which has a 40 per cent ownership in the company, Nevis Networks has also received funding from BlueRun/Nokia Ventures and New Enterprise Associates.

"Networks have changes from just a connecting medium to a business critical need, which carry our data and voice packages. As such ensuring its security is a $20 billion market opportunity. We are addressing the threat right at the site of occurrence, so that the networks do not get hacked or compromised upon," said Dauber.

Explaining how LANenforcer works, he said, It locks down the local area network (LAN), by deploying itself over the network and then provides threat protection using multiple security techniques.