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Network World - When founded: October 2004
Headquarters: Santa Clara
CEO and background: CEO Sreekanth Ravi co-founded Code Green Networks in 2004 with Sudhakar Ravi, the company’s CTO. Previously, the two co-founded SonicWall, where Sreekanth Ravi served as chairman and CEO and Sudhakar as CTO and vice president of engineering.
Funding: In three funding rounds, the company has secured $32 million from Bay Partners, Sierra Ventures, and the company’s founders.
What does the company offer? DLP appliances designed to protect customer information and safeguard intellectual property.
Why is it worth watching? The company recently released a modestly priced appliance targeted at small-to-midsize businesses (SMB) and branch offices. In contrast, most vendors focus on large enterprises, giving Code Green a solid niche in which to establish itself.
Two key features in the DLP space are data-in-motion (or network) monitoring and data-at-rest discovery. Code Green does not currently offer data-at-rest discovery, a feature it will need to add as Code Green moves upstream to target large enterprises.
Sreekanth and Sudhakar Ravi have a solid track record in the SMB market based on their previous experience at SonicWall, and this experience has translated into features, such as a wizard-driven setup and pre-packaged policy templates, that are tailored to organizations that don’t have in-house security experts.
How did the company get its name? Code Green Networks was named after the Homeland Security Threat Index. A “code green” indicates the lowest threat level.
Who’s using the product? Customers include Signal Financial Federal Credit Union, SonicWall, and Sourcefire