Corero Announces $2.0 million investment from Juniper Networks
October 15 2018 - 3:05AM
Business Wire
Corero Network Security (LSE: CNS), a leading provider of
real-time, high-performance, automated DDoS defense solutions,
today announced that it has secured a $2.0 million (£1.5 million)
equity investment from Juniper Networks, an industry leader in
automated, scalable and secure networks.
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Corero receives $2 million investment
from Juniper Networks following the multi-year global resale
partnership with Juniper to resell and support Corero's SmartWall
DDoS protection software products and services.
The Investment follows the Company’s recent announcement
regarding a multi-year global resale partnership with Juniper to
resell and support Corero's SmartWall software products and
services. Juniper provides the routing infrastructure for some of
the world’s largest IP networks and cloud datacenters.
Ashley Stephenson, Corero CEO, said:
“We welcome this investment from a global corporation of Juniper
Network’s reputation and scale, in addition to our previously
announced global resale partnership. We feel this represents a
further endorsement of our vision for SmartWall products as a
critical component in securing IT networks from DDoS attacks. We
look forward to working closely with Juniper to capitalize on our
partnership and jointly pursuing the market opportunity for DDoS
protection via its global sales force and channel.”
The Juniper resale partnership was showcased at the Juniper
Networks’ annual customer and partner summit, NXTWORK 2018, in Las
Vegas.
Further information can be accessed via the Company’s web site
www.corero.com.
About Corero Network Security
Corero Network Security is a leader in real-time,
high-performance DDoS defense solutions. Service providers, hosting
providers and digital enterprises rely on Corero’s award winning
technology to eliminate the DDoS threat to their environment
through automatic attack detection and mitigation, coupled with
complete network visibility, analytics and reporting. This industry
leading technology provides cost effective, scalable protection
capabilities against DDoS attacks in the most complex environments
while enabling a more cost effective economic model than previously
available. For more information, visit www.corero.com.
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Corero Media ContactsElizabeth Nikolova (UK) /Eskenzi PR
(for Corero Networks) +44 203 696
5822elizabeth@eskenzipr.comorMaureen Steuart (US)+1 978 473
1016maureen@eskenzipr.com
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