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IPLocks  Acquired by Fortinet (2008  amount undisclosed )

2665 North First Street, Suite 110
San Jose, CA 95134
Website Company Summary Management Team

President/COO/Operations: Alan Shoap
General Management: Akio Sakamoto (2002)
Technology: Jane Zhu (01/31/2007) ; Adrian Lane (2004)
Sales/Marketing: David Mills
Not listed on the website: (May no longer be at the company) Koichi Motegi*;  Motofumi Onishi*;  Ronald Radcliff*

Outside board: (May no longer be on the board) Hiroaki Baba (Academy Capital Investments Director) Takaaki Nagayama (SunBridge President/COO) Hideaki Sashiwa (Raiden CEO) Ralph Ungermann (First Virtual Communications Chairman) Agnieszka Winkler (TeamToolz)
Former outside board: Nicholas Imparato (Hoover Institution Professor);  Biswanath Mukerjee (University of California at Davis Professor);  Yoichiro Nakagawa (Nakagawa Special Steel President)

Business description: IPLocks empower companies to significantly mitigate the risks associated with database security, integrity, availability and confidentiality. We strive to assist Financial Services, Auditors, Government agencies and organizations requiring facilitation for regulatory compliance to reduce operational risks through database vulnerability assessment and continuous monitoring. Most companies have experienced a computer virus which corrupted or erased data, a human error which contaminated their database or an unauthorized break-in to their database. Our patent-pending solution, IPLocks, is the only product which significantly reduces the window of vulnerability for database breaches by automating the detection and monitoring process of security policy violations, configuration setting vulnerabilities, structural and transactional-level data integrity, schema, privilege and content change control and consumer, employee and intellectual property information theft and leakage protection. IPLocks automatically issues alerts after problem detection permitting quicker initiation of recovery to reduce expensive downtime. IPLocks is committed to exceeding the requirements of our customers and partners.
Customers include: BMC Software CIT Group ErnstAndYoungLSI NECSAIC ;  ABN AMRO ;  ING Group ;  Southwest Corporate Federal Credit Union ;  WesCorp;  Western Corporate Federal Credit Union ;  XM Satellite Radio
Partners include: Hitachi, Ltd.IBMNECOracleSilicon Graphics;  BMC;  Computer Institute of Japan;  e-Solutions ;  Interchange;  NAG;  NEC System IntegrationAndConstruction;  NEC Telenetworx;  Nihon Unisys;  Oki Consulting Solutions;  TechMatrix

Rounds: 4
Recent Fundings: Jun 2006
Last Round: 15.4M
Ownership: Acquired by Fortinet (2008  amount undisclosed )
VCs include: SunBridge Partners

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Record updated: Jun 2008
Sector: Software
Year Founded: 2002
Rounds: 4
Recent Fundings: Jun 2006
Last Round: 15.4M
Ownership: Acquired by Fortinet (2008  amount undisclosed )