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Soteria Network Technologies, LLC
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By American Venture Magazine |
INDUSTRY:
Software: Computer Network Management and Computer Network Security
http://www.SoteriaTech.com
VC Funding:· NUMBER OF DEALS: 1 Seed Funding Round
· AMOUNT INVESTED: $1M
· KEY INVESTORS: This round has been specifically made up of Accredited Angel investors and not VC. While we did receive offers from VC, we decided it was best for us to stick with Private investment. The lead investor in this round was given a position on the Board of Advisors to represent the interest of each of the other investors. Lead investor:Daniel Reilly Managing Director / Thornburg Investment Management
Current network management technology overloads analysts with exorbitant amounts of data but not actionable information. Soteria's network analysis tools merge the disparate data from various security solutions, network management devices, and vulnerability feeds and evolves it into a comprehensive near real-time picture of ongoing events within enterprise networks and beyond.
Secret to success.
Soteria's development team has extensive operational and software development experience. We develop from an operational perspective, which gives us a huge advantage. We understand our customers analytic needs and how best to convert those needs into product. Our products are built for Analysts by Analysts. It is rare that such a perfect storm of experience be gathered together in one company. We have developed a work environment that breeds success. Everyone is motivated and incentivized to contribute to the company.
"Our business model has the rare combination of high margin, recurring revenue and recession proof qualities. These qualities in combination can lead to a very successful and profitable business", says Brian Garmey CEO.
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