Tuesday, October 24, 2006

Sourcefire Files for IPO -- Network Intrusion Prevention

Sourcefire, a developer of network intrusion prevention solutions, filed papers with the Securities and Exchange Commission for an initial public offering of common stock.



Sourcefire was founded in 2001 by Martin Roesch, the creator of SNORT open source technology for intrusion detection and prevention. According the company's website, there have been over 3,000,000 downloads of Snort around the world to date.



The company is based in Columbia, Maryland.

http://www.sourcefire.com

  • In May, 2006 Sourcefire secured $20 million in Series D funding led by Meritech Capital Partners, a leading provider of late-stage venture capital to premier information technology companies. All previous Sourcefire venture investors: Sierra Ventures, New Enterprise Associates, Sequoia Capital, Core Capital Partners, and Inflection Point Ventures also participated in the round. The company has raised over $54 million to date.

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