Riptech

Riptech
Company typeDefunct
IndustryComputer security
FoundedApril 1998; 26 years ago (1998-04)
DefunctAugust 2002; 22 years ago (2002-08)
FateAcquired by Symantec (now Gen Digital)
Headquarters
United States Edit this on Wikidata
Websitewww.riptech.com Edit this on Wikidata

Riptech was a network security company.

History

The company was founded in April 1998, during the dot-com bubble, by Amit Yoran along with his two brothers and Tim Belcher. It began operations in December 1999 and raised $45 million in venture capital from Columbia Capital, Providence Equity, and Broadview Capital.[1] It was sold to Symantec (now Gen Digital) in August 2002 for $145 million in cash.[2]

References

  1. ^ "Riptech on frontlines of cybersecurity". United Press International. January 14, 2002.
  2. ^ Sagi-Maydan, Mary (August 22, 2002). "A Big Sale for (U.S.) Military Veterans Elad and Amit". Haaretz.


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