Immunet Secures $2 Million In Funding
Cloud antivirus company launched Immunet Protect, its first product, in August PALO ALTO, Calif., Nov. 18 /PRNewswire/ -- Immunet, developer of next generation
AntiVirus technologies, announced today that it has raised $2 million in an
oversubscribed Series A round led by Altos Ventures with participation from
Atlanta-based TechOperators. Ho Nam, General Partner of Altos Ventures, has
joined the board of Immunet.
Immunet launched Immunet Protect, its first product, in August 2009. Immunet
Protect is the first free, cloud-based antivirus application focused on
protecting your community. Immunet Protect harnesses the growing power of social
networks with its community sharing features and "Collective Immunity(TM)"
technology to protect personal computers from virus threats.
Upon installing Immunet Protect, users immediately become protected members
within the "Immunet Community" (at 20,000 users and expanding rapidly). The
Immunet Community leverages the collective knowledge of threats gathered from
its users to defend ALL members in real time against thousands of new threats
created every day.
Immunet's defenses grow stronger with every new user that joins the Immunet
Community. This provides users with a natural incentive to share the product
through its community-sharing features, which use Facebook Connect, Google Mail,
Yahoo Mail and regular email.
"Immunet Protect is unlike any antivirus software on the market because it is
the first product focused on protecting an individual's own community," says
Immunet Founder and CEO Oliver Friedrichs, a former Symantec and McAfee security
veteran and entrepreneur. "Immunet Protect acts as a shield for entire
communities, and that shield becomes stronger with each new user and each new
threat that is detected. We want to spread the goodness of antivirus protection
with Immunet Protect and allow our users to do so easily. We encourage users to
'Get Immunet Protect Before You Connect' "
"Immunet combines the collective intelligence of the Immunet Community with the
power of social networks to create a powerful application that users have a
common incentive to share for the greater good for all users," said Ho Nam of
Altos Ventures. "We look forward to working with the Immunet team to support the
viral growth of applications in the cloud AntiVirus space over the coming year
and are excited to have them in our portfolio."
About Immunet
Immunet was founded by Anti-Virus industry veterans to address a sweeping shift
in the internet threat landscape, partly due to the rising popularity of social
networks. Immunet utilizes the latest advances in computing and internetworking,
including in-the-cloud, community-based, and collective intelligence concepts
combined with web-based software-as-a-service deployment. Immunet Protect
defends entire communities of users in real time against thousands of new
threats generated every day. For more information, please visit www.immunet.com,
and follow us on Twitter @immunet (http://twitter.com/immunet). Collective
Immunity is a registered trademark of Immunet Corporation. Get Immunet Protect
Before You Connect.
About Altos Ventures
Altos Ventures is a first-stage venture capital firm focused on leading
investments in emerging technology companies with the goal of building market
leaders. Since 1996, the Altos Ventures team has worked closely with talented
entrepreneurs to build companies that have generated more than $1 billion in
revenue. Altos manages $200 million in dedicated first-stage capital on behalf
of leading endowment, fund-of-funds, financial and family office investors based
in the United States and Asia. Altos Ventures is based in Menlo Park,
California. Additional information is available at www.altosventures.com.
About TechOperators
TechOperators is an early-stage venture capital firm whose mission is to invest
capital and our practical experiences to help entrepreneurs build great
technology companies. TechOperators was founded on a simple success formula:
that proven operators make the best early-stage venture capitalists. Based in
Atlanta, Georgia, the firm is led by a team of partners with recent operational
experience in all phases of company growth and is focused on innovative
solutions in software, Internet services, cloud computing, security,
infrastructure, and mobile computing. For more information, visit us at
www.techoperators.com.
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