IN-Q-TEL ANNOUNCES STRATEGIC INVESTMENT IN ARCSIGHT
November 18, 2002
Sunnyvale, CA
ArcSight, a leading provider of enterprise security management software solutions, today announced that In-Q-Tel is a strategic investor. In-Q-Tel, a private venture group funded by the Central Intelligence Agency (CIA), has selected ArcSight based on its ability to consolidate security infrastructure and achieve more efficiency and increased visibility from security operations. As an investor, In-Q-Tel is participating in a strategic funding round recently closed by the company.
Of particular interest is the recently introduced ArcSight 2.0. The product features 360° Intelligence™ in its correlation function by combining vulnerability scanning data and asset value with real time alarms and alerts to develop a precise and accurate incident threat index. In addition, the scalability and geographically distributed deployment support that ArcSight's Distributed Security Architecture provides is well suited to the demanding global requirements of the most sophisticated government agencies and corporations.
"In-Q-Tel is dedicated to expanding its portfolio of innovative technology companies that can meet the security challenges facing government organizations and enterprises today," said Gilman Louie, CEO of In-Q-Tel. "ArcSight stands out in this important market because of its unique ability to combine real time analysis and display with easily accessible forensic tools and reporting in a single solution. This makes it an attractive choice both as an ESM provider and a portfolio company. The product's correlation feature sets it above other ESM systems on the market with its ability to integrate vulnerability scanning and asset value data."
ArcSight 2.0 allows organizations and enterprises to better manage their security infrastructure through event aggregation, real time correlation, incident response workflow and comprehensive reporting. ArcSight solves the challenge of data overload, false positives, slow event response and incomplete reporting.
"Clearly, security is of particular concern for government agencies," said Robert Shaw, Chairman and CEO of ArcSight. "Given the degree of accuracy and precision demanded by these types of organizations, we are proud to list In-Q-Tel as a strategic partner. In-Q-Tel's validation of ArcSight follows in the footsteps of major corporations such as Union Bank of California and government agencies such as Sandia National Laboratories."
About In-Q-Tel
In-Q-Tel is a private, independent, enterprise funded by the CIA. Launched in 1999, In-Q-Tel's mission is to identify and invest in companies developing cutting-edge information technologies that serve United States national security interests. Working from an evolving strategic blueprint that defines the CIA's critical information technology needs, In-Q-Tel engages with entrepreneurs, established companies, researchers and venture capitalists to deliver technologies that pay out in superior intelligence capabilities for the CIA and the larger Intelligence Community. Learn more at www.in-q-tel.org
About ArcSight
ArcSight is a leading provider of enterprise software solutions that enable large organizations to better manage their security function by integrating and optimizing the management of diverse security devices deployed across a network. By delivering complete aggregation, correlation, investigation, resolution and reporting - all within a single solution - ArcSight provides a coordinated infrastructure that maximizes security results while decreasing overall costs. ArcSight's 360° Intelligence utilizes asset-based correlation technology that allows enterprises to combine vulnerability assessment data and asset value with real time event data, improving their ability to detect true threats and attacks and react to them in real time. ArcSight's customers include major financial services organizations, government agencies, manufacturers and managed service suppliers. More information can be found at http://www.arcsight.com.
ArcSight and the ArcSight logo are registered trademarks of ArcSight. All other companies, products and services mentioned herein are the property of their respective owners and should be treated as such.
