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Barracuda Networks, Inc. provides security, networking and storage products based on network appliances and cloud services. History Barracuda Networks was founded in 2003 by CEO Dean Drako, Michael Perone, and Zach Levow, and the company introduced the Barracuda Spam and Virus Firewall in the same year. In 2007, the company moved its headquarters to Campbell, California, and opened an office in Ann Arbor, Michigan. In January 2006, it closed its first outside investment of $40 million from Sequoia Capital and Francisco Partners. On January 29, 2008, Barracuda Networks was sued by Trend Micro over their use of the open source anti-virus software Clam AntiVirus, which Trend Micro claimed to be in violation of their patent on 'anti-virus detection on an SMTP or FTP gateway'. In addition to providing samples of prior art in an effort to render Trend Micro's patent invalid, in July 2008 Barracuda launched a countersuit against Trend Micro claiming Trend Micro violated several ant ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Remote Backup Service
A remote, online, or managed backup service, sometimes marketed as cloud backup or backup-as-a-service, is a service that provides users with a system for the backup, storage, and recovery of computer files. Online backup providers are companies that provide this type of service to end users (or clients). Such backup services are considered a form of cloud computing. Online backup systems are typically built for a client software program that runs on a given schedule. Some systems run once a day, usually at night while computers aren't in use. Other newer cloud backup services run continuously to capture changes to user systems nearly in real-time. The online backup system typically collects, compresses, encrypts, and transfers the data to the remote backup service provider's servers or off-site hardware. There are many products on the market – all offering different feature sets, service levels, and types of encryption. Providers of this type of service frequently target ...
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Thoma Bravo
Thoma Bravo, LP is an American private equity and growth capital firm based in Chicago, Illinois. It is known for being particularly active in acquiring enterprise software companies and has over $130billion in assets under management . It is the successor to the firm Golder Thoma & Co., which was established in 1980 by Stanley Golder and Carl Thoma. Thoma Bravo is led by managing partners Seth Boro, Orlando Bravo, Scott Crabill, Lee Mitchell, Holden Spaht and Carl Thoma. The company focuses on the application, infrastructure and cybersecurity software and technology-enabled business service sectors, and uses a "consolidation" or " buy and build" investment strategy. Investments , the company had completed over 440 software deals and as of 2020, oversaw a portfolio of over 70 software companies. Software investments Thoma Cressey Equity Partners began investing in the enterprise software sector in 2002 with the acquisition of Prophet 21, a provider of software for d ...
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Borders Books
Borders is an international book and stationery retailer. Borders was founded in the United States in 1971 by brothers Tom and Louis Borders, the first bookshop opened in Ann Arbor, Michigan. In October 1992, it was purchased by Kmart, and was then spun-off in 1995 as Borders Group, Inc. remaining headquartered in Ann Arbor, with Waldenbooks as its subsidiary. In 1997, Borders expanded into Singapore, and later Australia and New Zealand. In 1998, Borders expanded into the United Kingdom, and then later Ireland. In 2005, it opened in Malaysia, and in 2006, with Al Maya Group, it opened a location in the United Arab Emirates, and then further expanded across the Middle East. In September 2007, Risk Capital Partners purchased the Borders stores in the United Kingdom and Ireland, alongside a license to use the Borders name. In June 2008, REDgroup Retail purchased the Borders stores in Singapore, Australia and New Zealand with a license to the Borders name. In November 2009, Bor ...
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UCI ProTour
The UCI ProTour was a series of road bicycle racing, road bicycle races in Europe, Australia and Canada organised by the Union Cycliste Internationale, UCI (International Cycling Union). Created by Hein Verbruggen, former president of the UCI, it comprises a number of 'ProTour' cycling teams, each of whom are required to compete in every round of the series. It was initially the basis of a season long competition for rankings points, created for 2005 UCI ProTour, 2005 to replace the UCI Road World Cup series, which ended at the end of the 2004 season (although the World Cup did not include any stage races). The ProTour was the subject of continuing disputes involving the UCI, cycling teams, and the organizers of the world's most prominent bicycle races (most notably, the Grand Tour (cycling), Grand Tours), and in 2009 and 2010 the ranking element of the ProTour was superseded by the UCI World Ranking. For 2011, the ProTour and World Ranking were fully merged into the UCI World Tou ...
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Prior Art
Prior art (also known as state of the art or background art) is a concept in patent law used to determine the patentability of an invention, in particular whether an invention meets the novelty and the inventive step or non-obviousness criteria for patentability. In most systems of patent law, prior art is generally defined as anything that is made available, or disclosed, to the public that might be relevant to a patent's claim before the effective filing date of a patent application for an invention. However, notable differences exist in how prior art is specifically defined under different national, regional, and international patent systems. The prior art is evaluated by patent offices as part of the patent granting process in what is called "substantive examination" of a patent application in order to determine whether an invention claimed in the patent application meets the novelty and inventive step or non-obviousness criteria for patentability. It may also be considered ...
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Clam AntiVirus
ClamAV (Clam AntiVirus) is a free software, cross-platform antimalware toolkit able to detect many types of malware, including viruses. It was developed for Unix and has third party versions available for AIX, BSD, HP-UX, Linux, macOS, OpenVMS, OSF (Tru64), Solaris and Haiku. As of version 0.97.5, ClamAV builds and runs on Microsoft Windows. Both ClamAV and its updates are made available free of charge. One of its main uses is on mail servers as a server-side email virus scanner. History ClamAV was initially released with version 0.10 on May 8, 2002, by Polish university student Tomasz Kojm. In 2007, it was acquired by Sourcefire, which in turn was acquired by Cisco in 2013 and now operates under its Talos cybersecurity division. Patent lawsuit In 2008, Barracuda Networks was sued by Trend Micro for its distribution of ClamAV as part of a security package. Trend Micro claimed that Barracuda's utilization of ClamAV infringes on a software patent for filtering vi ...
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Open-source Software
Open-source software (OSS) is Software, computer software that is released under a Open-source license, license in which the copyright holder grants users the rights to use, study, change, and Software distribution, distribute the software and its source code to anyone and for any purpose. Open-source software may be developed in a collaborative, public manner. Open-source software is a prominent example of open collaboration, meaning any capable user is able to online collaboration, participate online in development, making the number of possible contributors indefinite. The ability to examine the code facilitates public trust in the software. Open-source software development can bring in diverse perspectives beyond those of a single company. A 2024 estimate of the value of open-source software to firms is $8.8 trillion, as firms would need to spend 3.5 times the amount they currently do without the use of open source software. Open-source code can be used for studying and a ...
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Trend Micro
is an American-Japanese cyber security software company. The company has globally dispersed R&D in 16 locations across every continent excluding Antarctica. The company develops enterprise security software for servers, containers, and cloud computing environments, networks, and end points. Its cloud and virtualization security products provide automated security for customers of VMware, Amazon AWS, Microsoft Azure, and Google Cloud Platform. Eva Chen is a co-founder, and chief executive officer since 2005. She succeeded founding CEO Steve Chang, who now is chairman. History 1988–1999 The company was founded in 1988 in Los Angeles by Steve Chang, his wife, Jenny Chang, and her sister, Eva Chen (陳怡樺). The company was established with proceeds from Steve Chang's previous sale of a copy protection dongle to a United States–based Rainbow Technologies. Shortly after establishing the company, its founders moved headquarters to Taipei. In 1992, Trend Micro took over a ...
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Francisco Partners
Francisco Partners Management, L.P., doing business as Francisco Partners, is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. It was founded in August 1999 and based in San Francisco with offices in London and New York City. In June 2022, Francisco Partners were ranked 20th in '' Private Equity International''s PEI 300 ranking of the largest private equity firms in the world. In June 2024, Francisco Partners ranked 27th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History 1999–2011 Francisco Partners was founded in August 1999, in Menlo Park, California, during the emergence of dedicated technology buyout firms. Founders Sanford Robertson, Dipanjan Deb, David Stanton, Benjamin Ball, and Neil Garfinkel came from a variety of private equity firms. Robertson had been the founder of the technology-focused investment bank Robertson Stephens, while Deb ...
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Sequoia Capital
Sequoia Capital Operations, LLC is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors. the firm had approximately US$85 billion in assets under management. Sequoia is an umbrella brand for three regionally focused venture entities: Sequoia Capital Operations on Europe and United States, Peak XV Partners on India and Southeast Asia, and HongShan on China. Notable successful investments made by the firm include Apple, ByteDance, and Cisco. History Sequoia was founded by Don Valentine in 1972 in Menlo Park, California, at a time when the state's venture capital industry was just beginning to develop. Sequoia formed its first venture capital fund in 1974, and was an early investor in Atari the next year. In 1978, Sequoia became one of the first investors in Apple. Partners Doug Leone and Michael Moritz assumed leadership of the firm in 199 ...
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