To Combat Soaring Network Abuse Incidents, Abusix received Funding from Target Partners | Target Partners
Summary
Munich-based venture capital firm Target Partners (www.targetpartners.de) has invested a seven-figure sum in Abusix, Inc. (www.abusix.com), a Silicon Valley- and Karlsruhe, Germany-based provider of automated network abuse identification and rapid resolution products for enterprise and ISP customers. Target Partners was attracted to Abusix because of its innovative approach to identifying and resolving a wide array of network abuse issues. Evidenced by the near-daily headlines of big corporations suffering from network security breaches, Abusix serves a rapidly growing and increasingly important market. "By attacking abuse at its source, we provide sustainable and much more effective network security - and we do it at a significantly lower cost than competitive vendors or homegrown solutions." Based in Silicon Valley with operations in Karlsruhe, Germany, Abusix shifts the security paradigm away from its traditional focus on symptoms and attacks network abuse at its source.
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