| Company: | Safend Ltd |
| Name: | Avishai Fishman |
| Designation: | CFO |
| Country: | Israel |
| Address: | - |
| Tel: | +972 3 6442662 |
| Mobile: | - |
| Fax: | +972 3 5423768 |
| E-mail: | avishai@safend.com |
| Website: | http://www.safend.com |
| Technology Classification: | Software - endpoint security |
| Main Business Activity: | Port Protection, Encryption |
Company Profile, Products & Technologies, Target Market
Safend was founded in April 2003. Safend closed 3 rounds with total investment of ~$19 from Walden Israel Venture Capital, Intel Capital, Elron Electronic Industries and a European fund. The company began shipping its preliminary product, USB Protector, in February 2005.
To date, the company has raised $2M through ongoing R&D projects granted by Israel's Office of the Chief Scientist. Safend claims 75 employees, including 45 engineers. The Israeli company has headquarters in Tel Aviv and a sales office in Philadelphia. Safend has Common Criteria certification.
Safend claims 700 customers, about one-third of which are enterprises, with the remainder SMBs and government. Verticals include financial, insurance, health care, military and government, and telecommunications. Reference customers include AIG, Baptist Memorial Health Care, ConnectiCare, Blue Cross Blue Shield, deployments within the US Department of Defense, Nasdaq and many others.
Brief description of proposed R&D project:
Safend has several advantages that strengthen its position:
- Strong, experienced R&D team and management, with vast experience in security projects. In addition, the specific experience Safend's R&D team has acquired while developing the existing product has given it added expertise in developing solutions that reside on the endpoint and have a small footprint.
- Board members of various expertise, each a leading professional in his/her field.
- Safend's existing architecture and infrastructure can be used as a basis for any new products technological developments.
In the proposed R&D project, we propose to develop a "key Management Server" with companies specializing in encrypted Hard Disk for organizations that have many computers and want to manage all of them under one platform.
Desired Profile of R&D Partner and its role in the proposed R&D project:
Any company in the field of software, security, mobile applications or internet applications