Riverhead Networks

Riverhead Networks was a computer security company based in Netanya, Israel and Cupertino, California. The company was acquired by Cisco Systems on March 22, 2004.

Riverhead Networks
IndustryComputer networking
Founded2000
FounderYehuda Afek, Anat Bremler-Barr, Dan Touitou, and Yuval Rachmilevitz
Defunct2004
FateAcquired
SuccessorCisco Systems
HeadquartersTel Aviv, Israel
Cupertino, California
ProductsNetwork Security
Number of employees
120
Websitewww.riverhead.com

History

Riverhead Networks was founded by Yehuda Afek, Anat Bremler-Barr, Dan Touitou, and Yuval Rachmilevitz in 2000 in Tel Aviv, Israel. Initial funding was provided by Gemini Israel Funds, KUR ventures, and Intel Investment. On March 22, 2004 Cisco Systems paid $44 million to acquire full control of the company ($5 million of which were Cisco's own round B invested money). Following the acquisition by Cisco the company's development center was relocated and merged with the existing Cisco Israel Development Center in Netanya[1]

Technology

Riverhead Networks provided solutions for Distributed Denial of Service (DDoS) by using a series of complex algorithms to alert and prevent them. Riverhead Networks's technology would allow company's IT systems to continue operating, even in the midst of an unauthorized or DDoS malicious assault.

See also

References

  1. Ben-yehuda, Eynav (2004-06-24), "Cisco Israel hiring 70 software engineers for the newly acquired Riverhead Networks", The Marker, archived from the original on 2011-07-13, retrieved 2009-11-11
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