Investment Conference Features the Nation’s Most Promising Early-Stage/Expansion Stage Tech Companies
Concord, N.H. – May 18, 2010 – Bradford Networks, a proven leader in securing today’s heterogeneous networks, announced today that it has been selected to present at the Mid-Atlantic Venture Association’s (MAVA’s) Capital Connection ‘10, one of the nation’s most successful and influential technology innovation and private investor events. Just 40 companies were selected to present out of a pool of hundreds of applicants. The event takes place May 19-20 at the Hilton Baltimore Hotel, Baltimore, Md.
“In 2010, we have seen a robust pool of early and expansion stage companies from across the country with a variety of interesting, viable technology solutions and products designed to address market needs,” said Julia Spicer, MAVA’s executive director. “To be selected to present is a testament to the exceptional strength of these enterprises and to the compelling nature of their business proposition.”
Bradford Networks provides an Adaptive Network Security™ (ANS) platform, the only network security solution that can dynamically adapt to changing security needs by automatically responding and securely provisioning network resources based on pre-established policies.
ANS represents the evolution of traditional Network Access Control (NAC) tools. Bradford’s ANS platform integrates and correlates network resources, user information and device information to make networks both more secure and more accessible.
Bradford Networks’ Network Sentry™ product family, based on its ANS platform, is the first network security offering that can automatically identify and profile all devices and all users on a network, providing complete visibility and control. Unlike vendor-specific network security products, Bradford’s comprehensive, extensible Network Sentry family addresses the network security challenges posed by today’s complex threat environment and the operational demands security enforcement places on IT.
“Our customers are facing more sophisticated security threats than ever before, due to increasing mobility of users, the heterogeneous nature of modern networks, and a proliferation of new devices and computing models, such as cloud computing,” said Bradford Networks’ CEO Gregg Bjork. “Our unique ANS offering has helped Bradford expand its market share as IT departments seek to expand their network security strategies beyond traditional NAC.” Bjork noted that Bradford achieved record revenue in 2009, with double-digit year-over-yeari revenue growth, year-over-year bookings growth of 30 percent, more than 150 new customers and several significant new channel partners. In 2010, the company has been on a similar growth trajectory. “We look forward to sharing the details on our market strategy and recent growth with Capital Connection attendees,” added Bjork.
About MAVA’s Capital Connection ‘10
Produced by the Mid-Atlantic Venture Association (MAVA), Capital ConnectionTM www.capitalconnection.org is one of the nation’s most successful and influential technology innovation and private investor events. Over the years, companies have raised more than $2.9 billion of venture investments during their first year after participating. More than 200 high tech companies, representing combined equipment and services buying power of more than $3 billion, are typically in attendance at the event. MAVA is a non-profit association representing the full spectrum of capital sources, as well as entrepreneurs and corporate partners from high growth sectors. MAVA provides a wide range of programs, information and forums designed to stimulate company growth, facilitate deal-making, encourage collaboration, and foster relationships among entrepreneurs, investors, strategic partners and customers. Membership includes more than 500 investment professionals representing nearly 100 firms with collectively more than $90 billion in capital under management. For more information, please visit www.mava.org.
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About Bradford Networks
Bradford Networks offers the best solution to enable secure network access for corporate issued and personal mobile devices. The company’s flexible Network Sentry platform is the first network security offering that can automatically identify and profile all devices and all users on a network, providing complete visibility and control. Unlike vendor-specific network security products, Network Sentry provides a view across all brands of network equipment and connecting devices eliminating the network blind spots that can introduce risk.