Endpoint
10/12/2010
11:38 AM
Dark Reading
Dark Reading
Products and Releases
Connect Directly
RSS
E-Mail
50%
50%

Xceedium Drives Expansion With $7.5 Million Series B Financing

New funds will be used to drive Xceedium’s sales and marketing expansion

RESTON, VA – October 12, 2010 – Xceedium Inc., the leader in Zero Trust Access Control solutions, today announced that it has closed a $7.5 million Series B financing led by existing investor ArrowPath Venture Partners. The new funds will be used to drive Xceedium’s sales and marketing expansion as well as fuel the ongoing development of its flagship GateKeeper product, an appliance-based solution that secures and audits privileged access to IT infrastructure.

“The privileged access security market is undergoing accelerating growth driven by data center virtualization and the adoption of cloud computing,” said Morgan Rodd, managing partner at ArrowPath Venture Partners and member of the Xceedium Board of Directors. “Our investment in Xceedium is based on this clear market opportunity, as well as the company’s solid business model, strong management team, and next generation Zero Trust Access Control technology. We know that Xceedium will deliver by continuing to be a unique and essential security solution for both federal government and commercial organizations.”

Highly-regulated and security conscious organizations have identified the Xceedium GateKeeper as a must-have product to meet their evolving privileged access control needs. The Xceedium GateKeeper is the only solution on the market today that allows enterprises to enforce access control on vendors, contractors and IT administrators whether inside or outside of the network; to contain users so that they have access to only the resources they need; and to create an audit trail for proof of compliance with the security mandates of HIPAA, PCI, FISMA and other regulations.

“We have experienced strong customer growth in both the federal government and commercial sectors and are ready to go into full expansion mode,” said Glenn Hazard, chairman and CEO of Xceedium. “Enterprises are grappling with increased compliance demands and a rapidly evolving IT data center where the line no longer exists between insiders and outsiders on a network. In this environment, securing privileged access has become a business critical issue for CIOs. We are confident that we have the team, strategy, product, and now the capital infusion, to take advantage of this significant market opportunity.”

About Xceedium Inc.

Xceedium is the leading provider of Zero Trust Access Control solutions. The Xceedium GateKeeper is being used by large and mid-sized enterprises, as well as leading federal government agencies to meet their stringent security and compliance needs. This world-class technology allows organizations to control access to their network based on who the user is, and contains the user to explicit resources, eliminating the risk of allowing un-trusted third parties and privileged users on their networks. Coupled with cutting edge monitoring capabilities it also lets commercial and government organizations easily meet increasing compliance requirements including PCI DSS, HIPAA, and FISMA. It is FIPS 140-2 Level 2 and EAL2, EAL3 certified with EAL4 in process. For more information visit http://www.xceedium.com.

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
Partner Perspectives
What's This?
In a digital world inundated with advanced security threats, Intel Security seeks to transform how we live and work to keep our information secure. Through hardware and software development, Intel Security delivers robust solutions that integrate security into every layer of every digital device. In combining the security expertise of McAfee with the innovation, performance, and trust of Intel, this vision becomes a reality.

As we rely on technology to enhance our everyday and business life, we must too consider the security of the intellectual property and confidential data that is housed on these devices. As we increase the number of devices we use, we increase the number of gateways and opportunity for security threats. Intel Security takes the “security connected” approach to ensure that every device is secure, and that all security solutions are seamlessly integrated.
Featured Writers
White Papers
Cartoon
Current Issue
Dark Reading's October Tech Digest
Fast data analysis can stymie attacks and strengthen enterprise security. Does your team have the data smarts?
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-7298
Published: 2014-10-24
adsetgroups in Centrify Server Suite 2008 through 2014.1 and Centrify DirectControl 3.x through 4.2.0 on Linux and UNIX allows local users to read arbitrary files with root privileges by leveraging improperly protected setuid functionality.

CVE-2014-8346
Published: 2014-10-24
The Remote Controls feature on Samsung mobile devices does not validate the source of lock-code data received over a network, which makes it easier for remote attackers to cause a denial of service (screen locking with an arbitrary code) by triggering unexpected Find My Mobile network traffic.

CVE-2014-0619
Published: 2014-10-23
Untrusted search path vulnerability in Hamster Free ZIP Archiver 2.0.1.7 allows local users to execute arbitrary code and conduct DLL hijacking attacks via a Trojan horse dwmapi.dll that is located in the current working directory.

CVE-2014-2230
Published: 2014-10-23
Open redirect vulnerability in the header function in adclick.php in OpenX 2.8.10 and earlier allows remote attackers to redirect users to arbitrary web sites and conduct phishing attacks via a URL in the (1) dest parameter to adclick.php or (2) _maxdest parameter to ck.php.

CVE-2014-7281
Published: 2014-10-23
Cross-site request forgery (CSRF) vulnerability in Shenzhen Tenda Technology Tenda A32 Router with firmware 5.07.53_CN allows remote attackers to hijack the authentication of administrators for requests that reboot the device via a request to goform/SysToolReboot.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Follow Dark Reading editors into the field as they talk with noted experts from the security world.