WHAT: The Milken Institute turns ideas into real-world initiatives that address some of society’s greatest challenges: widening access to capital, creating jobs and improving health. More than 3,500 world leaders, financiers, philanthropists, Fortune 500 executives, scientists and celebrities from 60-plus countries, all senior leaders in their fields, offering significant ideas on how we can address the rapid changes in the finance and business sectors and solve some of the world’s most pressing social issues.

WHY: Cybersecurity: Protecting Companies and Citizens from Assault will cover high-profile cyberattacks of banks, retailers and health care providers, which reveal how vulnerable businesses and their customers are to hackers. The efficiency of electronic data networks is beyond question, but they also create new security concerns. In the business world, companies risk losing sales if consumers aren’t satisfied that confidential information is safe. Cybersecurity also is critical to government efforts to monitor the communications and movements of terror organizations. How can the government and private business work together to protect privacy and keep the nation safe from attack? How can we balance security concerns with the need for data to move freely between businesses and their customers? This panel will discuss the threats that lurk in cyberspace and steps that are being taken to counter them.

WHO:

• Ray Rothrock, Chairman & CEO, RedSeal; Partner Emeritus, Venrock
• Suzanne Spaulding, Under Secretary, National Protection and Programs Directorate, U.S. Department of Homeland Security
• Alex Stamos, Chief Information Security Officer and Vice President, Information Security, Yahoo
• Eli Sugarman, Program Officer, Cyber Initiative, William and Flora Hewlett Foundation (Moderator)

WHEN:

• Tuesday, April 28, 2015
• 02:30 PM – 03:30 PM (PDT)

WHERE:

• The Beverly Hilton, Los Angeles, CA

Company renews focus on strategic technologies to certify network security, accelerate network compliance, and harden next-generation networks

SUNNYVALE, Calif. — April 07, 2015 — RedSeal (redseal.co), the cybersecurity certification company, today announced a major re-launch of the company with $17 million in Series C funding from new and existing investors, the formation of an expanded management team with blue-chip experience, and a slate of new technologies and services. The new RedSeal security analytics platform provides intelligence to protect critical network assets, and accommodates emerging Cloud and mobile technologies.

“RedSeal has built its reputation in the market through innovation and customer results. Now we have the ability to build on that momentum and pursue new opportunities in new markets,” said Chairman and CEO Ray Rothrock. “This additional funding enables us to increase our engineering capabilities and expand our footprint both domestically and overseas. We’re privileged that these investors share our vision of enhanced security through visibility that provides insight into all possible network paths, and helps executives easily understand how disparate solutions are working together—or not—to protect digital assets and infrastructure.”

New Funding

Strategic Security

Many companies now face network complexity that far exceeds their ability to effectively understand and manage. Moreover, most organizations have operating siloes that create security gaps as disconnected groups handle different aspects of networking and security. At the same time, disparate point products don’t work together, different devices don’t talk to one another, and different monitoring and reporting products don’t communicate at all.

The new RedSeal security platform provides intelligence that protects critical data, accommodates emerging cloud and mobile technologies, and limits damage not only within a targeted network but also within connected infrastructures such as the Cloud. RedSeal’s advanced analytics engine creates a functioning model of your network, tests your network to identify security risks, prioritizes needed actions, and gives you critical information to quickly remediate issues. The result: reduced cybersecurity risk and lower maintenance and incident response costs. Specific customer benefits include the ability to see their networks “as-built” (rather than as “wishing it was built”), fix their most critical security issues first, accelerate incident response, and understand the security impact of changes to the network. RedSeal evaluates the largest networks in the world.

Today, more than 200 corporations and government agencies worldwide have ‘RedSealed’ their networks. RedSeal is used in many large US federal agencies, including the Department of Defense, civilian and intelligence communities. The company’s commercial customers span the finance, utilities, service provider, technology and retail sectors.

Technology Innovation

RedSeal’s newly expanded platform incorporates a transformational and innovative architecture designed to address not only existing threat vectors but also emerging cloud and mobile technologies. Organizations can have a unified view of their entire network– from the cloud to on-premise devices — and visibility from the application to the network layer.

Visionary Management

Additional management bios are available at https://www.redseal.net/content/leadership

Customer Viewpoint

Cisco’s Chief Security and Trust Officer, John Stewart, said, “The network is the lifeblood between IT systems and the key security layer in IT. It should come as no surprise that our adversaries won’t hesitate to attack the network itself to siphon data, disrupt services, or change the configuration for their own gain. Central to effective cybersecurity is knowing that network infrastructure, and having a deep understanding of how it works, how safely configured it is, and what changes are made day to day.”

Pricing and Availability

RedSeal is available immediately and is priced based on the number of customer network devices, with discounts offered for larger networks.

SUNNYVALE, Calif. — March 23, 2015 — RedSeal (redseal.co), the cybersecurity certification company, has been named to the JMP Securities Fast 50 list of hottest privately held security and networking companies. The list recognizes innovators that have the capability to dominate their respective markets.

“We’re honored to be recognized by JMP Securities for our powerful security analytics technology that is helping organizations certify their evolving networks are secure,” said RedSeal Chairman and CEO Ray Rothrock. “As networks themselves increasingly become targets, we believe that identifying and prioritizing network security issues based on potential risk is the most critical component of any defense strategy. Our customers are able to use their scarce resources to address their most critical issues first and accelerate and improve incident response.”

RedSeal’s platform enhances existing security investments by making sense of the overwhelming number of instructions that define how a particular network operates. It creates a functioning network model and tests it, prioritizing security issues and providing detailed remediation information. In addition to reducing cyber risk, RedSeal’s platform accelerates regulatory compliance initiatives—including PCI, NERC CIP and NIST—by automatically and continuously verifying alignment. The solution is designed to work with thousands of devices on complex networks, and more than 200 organizations worldwide currently rely on it to maintain the highest level of security.

JMP Securities is a full-service investment bank that provides equity research, institutional brokerage and investment banking services to growth companies and their investors.

Industry veteran Sundar Raj named new VP, Product Development; Hom Bahmanyar becomes VP, Engineering

SUNNYVALE, Calif. — March 5, 2015 — RedSeal (redseal.co), the network security certification company, today announced plans to greatly expand the company’s software development capabilities with two major executive appointments. Sundar Raj, who has been a force in the networking industry for more than two decades, has come aboard as the new VP, Product Development. Meanwhile, Hom Bahmanyar, who currently serves as Sr. Director of Engineering, is taking on broadened responsibilities as the new VP, Engineering.

“Our company is now squarely focused on growth and innovation. Over the past year we’ve greatly enhanced our core product and expanded its capabilities while increasing overall quality,” said Ray Rothrock, chairman and CEO at RedSeal. “Sundar and Hom each have a tremendous track record in leading the development of innovative enterprise software, and that’s why they’re both vital to our future. We’re very excited to have them on the team.”

Sundar Raj was most recently Sr. Director, Enterprise Mobility at the global conglomerate CA Technologies, and earlier spent time at Sagemcom USA, where he was Managing Director/VP, Broadband Software. Sundar was a founding member of Network TeleSystems, a pioneer in network protocol stack, applications, IP address management and VPN systems. During his tenure he built several networking products for enterprise and for large carriers deploying broadband (xDSL) technologies, He has several patents in networking area and his expertise includes IP protocols, security, VPN, mobile apps and SaaS implementation.

“At every position I’ve held, and in every kind of company, I’ve understood the critical importance of network security—it’s a strategic concern that should run throughout the enterprise from the boardroom on down, and too often that doesn’t happen,” Mr. Raj noted. “I’m excited to join a company where that is the essential mandate, and I look forward to helping RedSeal develop technologies and specific capabilities that can offer the level of security this threat environment demands.”

Similarly, Hom Bahmanyar has established a strong record as a results-driven engineering leader with proven skills in engineering execution, building highperformance engineering teams, and retaining a strong customer focus. He also brings a blue-chip background to his new position: Before joining RedSeal, he spent a decade at Cisco, most recently as director of engineering. Earlier in his career he was manager of software development at Savvion and senior software engineer at Novell Inc. In his new role, he will be primarily responsible for ensuring integration with products from other enterprise security and network vendors.

“No technology functions in a vacuum—this is a completely multi-platform, multi-vendor environment — and every aspect of security needs to recognize that reality,” Mr. Bahmanyar noted. “I’ve always been drawn to companies that thrive in challenging environments by building on both existing and emerging capabilities, and RedSeal has exactly that philosophy. I’m thrilled to be part of this team of innovators, and look forward to doing my part to harden network infrastructures around the world.”