Type Subsidiary Website sourcefire.com Founded 2001 Number of employees 560 (3Q12) Parent organizations Cisco Systems, Sourcefire | Fate Acquired Founder Martin Roesch Revenue 223.1 million USD (FY12) Ceased operations 2013 | |
 | ||
Industry Network security; intrusion detection, intrusion prevention system and anti-malware Key people John Becker (CEO), Martin Roesch (Founder and CTO) Products Sourcefire Firepower network security appliances Headquarters Columbia, Maryland, United States | ||
Network security nir zuk palo alto networks goes head to head with jason brvenik sourcefire
Sourcefire, Inc was a technology company that developed network security hardware and software. The company's Firepower network security appliances are based on Snort, an open-source intrusion detection system (IDS). Sourcefire was acquired by Cisco for $2.7 billion in July 2013.
Contents
Background
Sourcefire was founded in 2001 by Martin Roesch, the creator of Snort. The company created a commercial version of the Snort software, the Sourcefire 3D System, which evolved into the company's Firepower line of network security products. The company's headquarters was in Columbia, Maryland in the United States, with offices abroad.
Financial
The company's initial growth was funded through four separate rounds of financing raising a total of $56.5 million from venture investors such as Sierra Ventures, New Enterprise Associates, Sequoia Capital, Core Capital Partners, Inflection Point Ventures, Meritech Capital Partners, and Cross Creek Capital, L.P.
In 2005, Check Point Software attempted to acquire Sourcefire for $225 million, but later withdrew its offer after it became clear US authorities would attempt to block the acquisition. The company completed an initial public offering in March 2007, raising $86.3 million. In August of the same year, Sourcefire acquired Clam AntiVirus. Sourcefire rejected an offer of $187 million in May 2008 from security appliance vendor Barracuda Networks, who had offered to pay US$7.50 per share, amounting to a 13% premium of their then-current stock price. Sourcefire announced its acquisition of the cloud-based antivirus firm Immunet in January 2011.
Revenue for the fourth quarter of 2012 was $67.4 million compared to $53.2 million in the fourth quarter of 2011, an increase of 27%. Revenue for the year ending December 31, 2012 was $223.1 million compared to $165.6 million for 2011, an increase of 35%. International revenues were $74.4 million, up 77% over 2011. As of December 31, 2012, the company's cash, cash equivalents, and investments totaled $204.0 million.
Sourcefire received SC Magazine's 2009 "Reader Trust" award for best intrusion detection and intrusion prevention system (IDS/IPS) for Snort and Network World's "2009 Best of Tests" award for the Sourcefire 3D System. The company placed in the "Leaders" Quadrant in the 2012 Gartner Magic Quadrant competition for intrusion detection and prevention system appliances, and received ICSA Labs' certification for the full line of Firepower (formerly 3D) appliances. Sourcefire was given a top "recommend" rating in 2012 for fastest and most accurate IPS detection from NSS Labs. Firepower was also ranked by NSS Labs at the top of their 2012 "Security Value Map" in security effectiveness and total cost of ownership.
On July 23, 2013, Cisco Systems announced a definitive agreement to acquire Sourcefire for $2.7 billion.
Firepower
The Sourcefire Firepower line of appliances are designed to form part of a layered security defense. They can be deployed as:
Advanced Malware Protection
Sourcefire Advanced Malware Protection (AMP) offers malware analysis and protection for networks and endpoints using big data analytics to discover, understand and block advanced malware outbreaks, advanced persistent threats (APTs) and targeted attacks. AMP enables malware detection and blocking while provisioning continuous analysis and retrospective alerting, using Sourcefire's cloud security intelligence.
Advanced Malware Protection can be deployed inline via a product key on NGIPS, dedicated AMP Firepower appliance or on endpoints, virtual and mobile devices with FireAMP.
Snort
Snort is an open source network intrusion prevention and detection system utilizing a rule-driven language, which combines signature, protocol and anomaly based inspection methods. Developed in tandem with the Snort open source community, its developers claim it is the most widely deployed intrusion detection and prevention technology worldwide.
Immunet
Immunet uses the cloud virus definitions along with virus definitions from Clam AntiVirus which is an open source (GPL) anti-virus toolkit primarily used on UNIX operating systems designed for e-mail scanning on e-mail gateways. It provides a number of utilities including a multi-threaded daemon, a command-line interface scanner and tool for automatic database updates. The core of the package is an anti-virus engine available in a form of a shared library. Immunet is provided in two versions, Free and Plus.
As of June 10, 2014, Immunet Plus is no longer available, replaced with Immunet Free, supported by Cisco.[8]