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Milpitas, Califorinia - Nov 18, 2009 – FireEye, Inc., the leader in malware protection systems, today announced a strategic investment and technology development agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.
Though specific terms of the agreement were not disclosed nor has it been disclosed which parts of the Intelligence Community have an initial interest in this capability, this strategic partnership between IQT and FireEye will extend FireEye's cyber security product development and stealth malware technical capabilities to protect against cyber threats.
"FireEye is a critical addition to our strategic investment portfolio for security technologies," said T.J. Rylander, a Partner at IQT. "FireEye offers a valuable combination of next-generation malware protection, and its approach to detecting and defeating malware is unique and potentially game changing."
FireEye's patent-pending technology detects advanced malware using a unique blend of heuristic virtual victim machines. The resulting system is comprehensive and capable of detecting zero-day attacks, and generates almost no false positives. By providing accurate, actionable alerts, FireEye adds security without loss of IT productivity.
The company's victim machine analysis technology replays suspicious Web and network traffic flows into virtual machines to accurately identify infections. It offers a precise method for detecting known and zero-day malware so that customers can secure their networks.
"Cyber security is a high priority for government agencies," said Ashar Aziz, CEO of FireEye, Inc. "Working with In-Q-Tel allows us to provide the U.S. Intelligence Community with a technology solution to help defeat cyber threats, and to directly address critical national security needs."
In-Q-Tel is the not-for-profit, strategic investment firm that works to identify, adapt and deliver innovation technology solutions to support the mission of the U.S. Intelligence Community. Launched by the CIA in 1999 as a private, independent organization, In-Q-Tel's mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. Working from an evolving strategic blueprint defining the Intelligence Community's critical technology needs, In-Q-Tel engages with entrepreneurs, growth companies, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and the larger Intelligence Community. In-Q-Tel concentrates on several broad commercial technology areas, including applications software and analytics; bio, chemical, and nanotechnology; communications and infrastructure; digital identity and security; and embedded systems and power. To date, In-Q-Tel has engaged with more than 160 companies and delivered more than 260 technology solutions to the Intelligence Community. To learn more about In-Q-Tel, visit www.iqt.org.
FireEye, Inc. is the leader in malware protection systems, enabling organizations to protect critical infrastructure, intellectual property, and networks against Web malware and botnet infiltration. The FireEye Malware Protection System is a next-generation malware analysis platform featuring the network use of transparent virtual machines to uncover zero-day malware, botnets, and targeted attacks that circumvent today's technologies such as intrusion prevention systems, antivirus, and URL filters. By essentially eliminating false positives, FireEye re-defines effective network security. The company is backed by Sequoia Capital, Norwest Venture Partners, JAFCO, SVB Capital, DAG Ventures, and Juniper Networks. For more information, contact (408) 321-6300 or email: firstname.lastname@example.org. Visit us at www.FireEye.com.
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