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VPNet Technologies  Acquired by Avaya (2001 $ 120,000,000)

1530 Meridean Avenue 3rd Floor
San Jose, CA 95125
Website Company Summary Management Team

Outside board: (May no longer be on the board) George M Middlemas (Apex Venture Partners) D James Bidzos (Security Dynamics);  Bret Maxwell (First Analysis);  Robert Steinkrauss (Raptor Systems);  Mark Terbeek (First Analysis)

Business description: VPNet Technologies is a designer and marketer of products that enable true network security across wide area networks such as the Internet by utilizing compression and encryption.
Customers include: ISP's;  System Integrators
Partners include: Concentric NetworkHPRSA Data Security;  Nippon TandT;  Pilot Networks;  Raptor Systems;  Security Dynamics Technologies

Rounds: 3
Capital raised: 20.5M
Ownership: Acquired by Avaya (2001 $ 120,000,000)
Corporate investors: Security Dynamics Technologies;  Axent Technologies

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Record updated: Feb 1999
Sector: Communications
Year Founded: 1995
Headcount: 201-300 as of Jan 2000
Rounds: 3
Capital Raised: 20.5M
Ownership: Acquired by Avaya (2001 $ 120,000,000)