Monday, May 17, 2010

Sipera Raises $10 Million for UC Security

Sipera Systems raised $10 million in venture funding for its real-time Unified Communications (UC) enablement and security solutions.

Sipera's "Borderless UC" architecture enables enterprise managers to safely extend UC over any network to any device, including office phones, home office phones, remote call center agents, video devices, soft-phones, collaboration tools, and smartphones. The company's portfolio includes its smartphone UC security solutions and UC-Sec enterprise UC security product family. Its UC security appliance protects against signaling and media vulnerabilities while maintaining the highest quality of service (QoS). It terminates encrypted UC traffic, offers fine-grained policy enforcement to apply different security and call routing rules, and solves firewall/NAT traversal among other UC deployment issues.

Last month, the company announced that its security and compliance products now protect up to one million UC devices for its customers worldwide. The company recorded a 300 percent year-on-year growth in demand as of the first quarter of 2010. Sipera noted that is also nearing completion of the Common Criteria Certification of its solution, an international standard for IT security products.

"Enterprise adoption of UC is surging, and the need to secure these applications and ensure compliance with privacy and monitoring regulations is mission critical. Sipera has seen a major spike in demand for its UC security solutions, including its smartphone security offering that enables an enterprise to securely manage VoIP and UC on an employee's smartphone in any location," said Sipera President and CEO John Lochow.

The new funding was led by S3 Ventures, and includes participation by prior investors Austin Ventures, Duchossois Technology Partners (DTEC), Sequoia Capital, and STAR Ventures. This brings Sipera's total funding to $48 million.

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