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CloudShield Technologies Announces Record Q3 Growth
Company more than doubles bookings
CloudShield Technologies, Inc., a leading provider of service management and infrastructure security solutions, today announced record Q3 growth. CloudShield achieved a more than 100% increase in bookings compared to Q3 of 2007. Q3 2008 also marks the largest revenue generated by both the Federal and Service Provider sales teams since the company’s inception.
The company’s growth comes on the heels of a September announcement that its DNS Defender and Subscriber Services Manager (SSM) applications are available on the new IBM BladeCenter PN41 blade. CloudShield also recently announced the availability of the CloudShield Packet Operating System (CPOS), a packet processing operating system that reduces the cost and environmental impact of implementing high-traffic converged IP networks. In addition, during Q3, the company opened a new office in Herndon, VA, stemming from its growth in the Federal government sector to help government agencies tackle their toughest security and network policy enforcement challenges.
CloudShield is a private company that sells to the world’s largest service providers and national governments through its partners, including: Alcatel Lucent, IBM, L-3 Communications and Northrop Grumman. CloudShield’s unique high-speed network platform provides unmatched capabilities for network security, cross domain solutions, content management and network policy enforcement functions.
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Executive quote
“We are excited about our momentum and will continue our goal of providing innovative security and management solutions to our expanding customer base,” said Matt Jones, CEO of CloudShield. “As the technological landscape becomes more complex, government agencies and service providers need to identify new ways to manage high-bandwidth IP-based data services. The increasing demands of Peer-to-Peer (P2P) file sharing, steaming videos and other services on existing infrastructure are driving the sales of our solutions and creating the need for new partnerships.”
About the company
CloudShield provides services management and security solutions to service providers and national governments worldwide. The company’s deep packet inspection platform and applications enable customers to inspect, analyze and control all network traffic, lowering costs, securing infrastructure and generating new revenue streams. Working closely with its partners, CloudShield has deployed solutions throughout North America, Europe and Asia. More information about CloudShield can be found at: http://www.cloudshield.com/.
Contact details
Noah Dye / Kate Sowell
LEWIS PR for CloudShield
Noah: 408 573 3662
Kate: 408 573 3664
cloudshield@lewispr.com
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