Fortify Software

Fortify Application Defense

Conference
DEMO 06
Market Segment
Enterprise IT infrastructure
Funding Details
$24 million from Kleiner Perkins Caufield & Byers, Sigma Partners, Interval Capital and Duff Ackerman & Goodrich
Competitors
No direct competitors. Secondary competitors include Symantec, Netcontinuum, Teros and F5 Networks.
Product Description
Fortify Application Defense is a software solution that monitors and protects business applications from misuse regardless of whether the source of attack is inside or outside the enterprise. It not only provides a protective shield over security flaws that exist in the software code, but also enables defensive countermeasures to minimize exposure and proactively defeat attacks while an application runs.
Market Opportunity
Gartner states that 75% of today's hacks occur at the application level and that by 2009, 80% of companies will have suffered an application security incident. Fortify Software's market opportunity includes enterprises that use software applications to automate business processes that are exposed to attack from hackers and malicious insiders.
DEMO Says
Despite great investment in improved application security, businesses have seen a 500% or more increase in hacking incidents in the past five years. This dramatic increase is largely driven by the rapid adoption of software-as-a-service architectures that leave applications and networks vulnerable to hacks. Security is difficult to bake into networked applications and even the most best-practices compliant applications have vulnerabilties. Fortify Application Defense inserts into applications to provide the security that should have been written into the code. SHOW
Contact
Mike Armistead
mike@fortifysoftware.com
Company Address
2300 Geng Road, Suite 102
Palo Alto, CA 94303
Primary Phone
650-213-5600
Primary Fax
650-843-1424
URL
www.fortifysoftware.com
Corporate Officers
John Jack, CEO; Mike Armistead, Vice President, Marketing & Founder; Roger Thornton, CTO & Founder; Arthur Do, Chief Architect & Founder

This is the default player used to display virally syndicated titles via the Get the Code button. http://link.brightcove.com/services/link/bcpid980795693http://www.brightcove.com/channel.jsp?channel=981571732
SixApart tivo boingo salesforce.com e*trade Java Symantec Palm VMWare BitGravity
Who launched at DEMO?
Next Event: DEMO Fall 2010