NetClarity Receives Expansion Capital
Significant Round of Financing to Support Rapid Expansion to Address Demands for Internal Intrusion Defense by Smaller Enterprises and SMBs.
(Gawkwire) - NetClarity, Inc., the leading provider of Next Generation Network Access Control (NAC) technology in the marketplace, on the heels of receiving the “Most Innovative New Security Product for 2012” award from InfoSec Products Guide, today announces receiving a significant round of financing from the Disruptive Innovation Fund. This round is being led by Matt Christensen, Managing Director of Rose Park Advisors LLC. Mr. Christensen has also joined NetClarity’s Board of Directors as the lead outside institutional investor in the Company.
“While Firewalls protect networks from the outside-in, over 80% of Network attacks and exploitation happen from the inside-out. As a result, there is a growing demand for solutions that deal with internal risk, especially in those organizations with tighter budgets, smaller IT staff and hard-to-manage remote offices,” said Hal Charnley, President & CEO, NetClarity, Inc. “In addition, the “Bring Your Own Device” (BYOD) and “Mobile Device Management” (MDM) scenarios of guest, rogue, malicious insider, consultant and employee device access on both wired and wireless networks has become another major area of internal risk and is driving rapid market expansion for mid-market organizations. This round of capital will allow us to continue the build-out of our global marketing and sales efforts as well as significantly bolster our product development teams.”
“We are honored to be leading this round and helping shape NetClarity’s rapid expansion to meet the growing demands of their channel partners throughout the globe. We look for innovative businesses who are taking a unique approach versus the incumbent providers; we believe in NetClarity’s disruptive and award winning NACwall security solution,” said Matt Chistensen, Managing Director, Rose Park Advisors, LLC.
About NetClarity, Inc.
NetClarity is privately-held and is the global leader in Next Generation Network Access Control (NAC) products and technology, serving the smaller Enterprise to SMB markets. Our passion to deliver the world’s easiest-to use, fastest, most powerful, and cost effective NAC technology, which in turn fuels our growth through strong market demand. NetClarity’s NACwall appliances, leveraging the company’s groundbreaking and patented Inside-Out Network Security™ technology, provide the most proactive approach to internal intrusion defense in the entire industry. NetClarity is headquartered in Bedford, MA with offices and partners throughout the world. For more information, visit us at http://www.netclarity.net
NACwall is a trademark of NetClarity, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.