Category: The 451 Group

No pushing water uphill with Waterfall’s Unidirectional Security Gateway

Rosh HaAyin, Israel-based Waterfall Security Solutions provides Unidirectional Security Gateways (USGs) and data diodes for process control systems, SCADA systems, remote monitoring and segregated networks. Although playing in a somewhat niche market space, the fact that no one can yet claim dominance proves that opportunities abound for hungry companies with capable products.

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Palo Alto Networks appoints Steffan Tomlinson as CFO

Santa Clara, California-based Palo Alto Networks has appointed Steffan Tomlinson as its newest CFO. Prior to joining Palo Alto Networks, Tomlinson served as CFO of Arista Networks, following a stint as partner and chief administration officer of Silver Lake Kraftwerk at Silver Lake Partners and Silver Lake Kraftwerk Fund. From 2005 to 2011, Tomlinson served as CFO of Aruba Networks, and was instrumental in its IPO and helping the company scale to facilitate growth. From 2000 to 2005, he was the first nonfounder employee and, ultimately, CFO of Peribit Networks, which was later acquired by Juniper Networks for $337m. Michael Lehman, Palo Alto Networks CFO since April 2010, will assist during the transition.

A journey through the Lookingglass brings additional funding

Founded in 2006, Baltimore, Maryland-based Lookingglass Cyber Solutions is one of the newest kids on the cyber security-visibility block. The company’s flagship product, ScoutVision, aims to protect against targeted attacks by gathering, correlating and analyzing threat information from within a customer’s network, supply chain and other sources of Internet-based threat intelligence.

The company also recently announced its first funding round. Alsop Louie Partners, an early-stage technology venture firm based in San Francisco, is leading its $5m series A funding – which the company states will be used to fuel marketing, sales and deployment initiatives. Vital Financial, a private equity and capital investment firm based in Bethesda, Maryland, is also participating.

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