Guardium Expands Global Installed Base by 6x in 2005; Demand for Database Security and Compliance Solutions Fuels Growth, Industry Partnerships and New Product Innovation
WALTHAM, Mass.--Feb. 1, 20064, 2006--Guardium, Inc., the database security company, today announced multiple hallmarks of record growth during 2005. The company expanded its domestic and international customer footprint, formed new strategic partnership and reseller agreements, and launched three major products tackling information theft and compliance issues."Companies were driven to invest more in database security and auditing in 2005 by high-profile data breaches and compliance mandates - two consistent drivers we'll also see in 2006," said Ram Metser, Guardium's CEO. "Mainstream companies are now realizing they need to proactively protect their sensitive information, customer relationships and brand value."
Guardium's flagship product, Guardium SQL Guard(TM), is now the industry's most widely used network solution for database security and auditing. Its deep contextual analysis of all SQL traffic empowers enterprises to detect and prevent unauthorized and anomalous activity in real time - anywhere on the network - while its automated auditing capabilities minimize the cost and complexity of compliance.
Guardium's installed base now includes seven of the Global 500 with installations in multiple continents, and many of the world's best known brands in financial services, telecommunications, retail, media, energy, manufacturing, pharmaceuticals and government.
Market Highlights
Guardium's 2005 highlights include:
-- Increased installed base by a factor of six. -- Joined IBM's prestigious Data Governance Council, a group of leading companies, institutions and technology solution providers that clarify and resolve common data governance challenges and explore solutions as they relate to security, privacy, trust and corporate compliance issues. -- Joined the EMC NAS Partner Program and announced integration with the EMC Centera(TM) content addressed storage (CAS) solution for long-term retention of database audit information in support of auditing and compliance initiatives. Guardium also has partnerships with IBM, Oracle, Microsoft, Sybase, and HP. -- Developed and shipped three major new product solutions: -- SQL Guard PCI Accelerator, a portfolio of pre-configured policies, alerts and reports specifically tailored to the PCI Data Security Standard -- S-Tap Local and SQL RemoteGuard, for monitoring local database access and rogue connections, as well as protecting databases in remote locations and distributed environments -- A new version of the SQL Guard platform supporting enhanced in-line database firewall capabilities, adding to existing support for passive blocking, real-time monitoring, and database auditing -- Added nine new resellers to its sales distribution network, including distributors in the U.S., Europe, the Middle East, Japan, Singapore and South America. -- Closed a third round of financing for $5.5 million to further support growing demand for Guardium's offering, bringing Guardium's total venture capital investment to $15 million. The round was led by new investor Ascent Venture Partners and included existing investors Cedar Fund, Veritas Venture Partners and Stage One Ventures.
According to Gartner's July 2005 report entitled, "Hype Cycle for Data Security, 2005," "We are seeing an increasing emphasis on securing (or failing to secure) enterprise data, not just enterprise networks."
In another Gartner report dated October 2005 and entitled, "Best Practices and Compliance with Data Security," Rich Mogull, research vice president at Gartner wrote, "Database activity monitoring is one of the most promising new categories of data security and one with particular appeal to internal and external auditors. These standalone appliances enforce separation of duties by segregating audit from administrative functions, and they allow alerting based on specific database activity ... Database audit appliances can also audit key database activity without the performance impact some users experience with local DBMS auditing."
About Guardium
Guardium, Inc., the database security company, develops the most widely-used network solution for database security and auditing. By securing sensitive information - such as credit card, personal identity, and corporate financial data - Guardium protects the world's best-known brands while minimizing the cost and complexity of IT governance and compliance.
Named "Hot Pick" by Information Security magazine, Guardium's family of network appliances monitor and prevent unauthorized access in real-time - without the performance loss or insider security risk of traditional logging approaches. The Guardium SQL Guard suite includes specialized accelerators for SOX, PCI, Basel II, and data privacy laws. A centralized multi-tier architecture provides scalability for large and distributed enterprises.
Guardium's partners include IBM, EMC, HP, Microsoft, Oracle and Sybase, and the company is a member of IBM's prestigious Data Governance Council. For more information, please visit www.guardium.com or call 781-487-9400.
Copyright (C) 2006 Guardium. All rights reserved. Information in this document is subject to change without notice. Guardium, SQL Guard, and Safeguarding Databases are trademarks of Guardium, Inc. All other trademarks and trade names are the property of their respective companies. Copying and redistribution of this material is expressly permitted by the copyright owner.