Press Release
Bivio Networks Gains Market Momentum With New Customers, Surging Revenues And Expanding Product Line
Bivio’s High-Speed Computing Platform for Next-Generation Network Applications Powers Emerging Network Services in Security, Communications, Multimedia
Pleasanton, Calif., November 21, 2005 – Bivio Networks, the leader in high-speed computing platforms for the Software-driven Network™, today announced growing company momentum driven by the demand for an increasing set of critical network services and applications that run on its high-performance platform. In the past year, revenues have more than tripled as Bivio significantly expanded its customer base among leading network security vendors, including Sourcefire® and many others, to deploy dependable, multi-gigabit network solutions.
“Network speeds and traffic complexity continue to increase, making networking more reliant on software development for its evolution,” said Elan Amir, CEO of Bivio Networks. “Traditional network hardware lacks the capabilities to meet the conflicting demands of increased deep-packet processing and growing performance requirements present in the Software-driven Network, creating a fundamental gap between the requirements and capabilities of the infrastructure. Our unique product line bridges this gap and consequently delivers a dramatic increase in the capabilities of the network. As a result, we are seeing a surging demand for our products that extend beyond security into new network applications for communications and multimedia.”
“In the past, protection of high-speed enterprise network segments meant compromising security for performance. Bivio’s computing platform eliminates the tradeoff between effective security and scalable performance,” said Tom Ashoff, Vice President of Engineering at Sourcefire, the award-winning intrusion prevention provider. “Using Bivio network appliances as our hardware foundation enables our intrusion and vulnerability products to manage security threats in real-time at multi-gigabit speeds.”
Today, Bivio also announced a new 8-port Bivio 500™ advanced network appliance, further expanding its line of appliances designed from the ground up to enable wire-speed execution of Linux network applications at multi-Gigabit speeds (see separate announcement today).
By using these Bivio products as a hardware foundation for their own network appliance product offerings, Bivio customers can dramatically lower product development costs and accelerate the delivery of critical next generation IP service applications in the areas of security, traffic management, load balancing, performance monitoring, IPv6, VOIP, routing and communications infrastructure in a standard Linux execution environment.
With a Software-driven Network market expected to exceed $10 billion by 2007 and increasing demands for intelligent deep-packet processing of multi-Gigabit network traffic, Bivio Networks is leading the delivery of state-of-the-art technology optimized for wire-speed execution of emerging network services.
About Bivio Networks
Bivio Networks is the leading provider of high-speed computing platforms for the Software-driven Network. Bivio’s products combine a network hardware appliance platform specifically tailored to the requirements of packet handling and an open Linux-based execution environment augmented by a comprehensive set of common networking and management functions. The result of the Bivio networking model is a dramatic increase in the capabilities of the network, enabling software network applications running on Bivio products to achieve wire-speed performance in any networking environment. For Bivio’s customers, the benefits are equally dramatic, achieving custom hardware performance at software development costs and flexibility. By expertly integrating hardware components and programmable elements, Bivio has achieved the convergence of computing and networking, forming the foundation for the Software-Driven Network. Headquartered in Pleasanton, Calif., Bivio Networks is backed by Goldman Sachs, InterWest Partners, Storm Ventures and Venrock Associates. More information is available at http://www.bivio.net/.
Media Contact:
Kimberly Angell or Aimee Balsley
Schwartz Communications for Bivio Networks
E-mail: bivio@schwartz-pr.com
Phone: (415) 512-0770
