Corero Network receives US$2mln investment from Juniper
The investment follows deal last month for US firm to resell Corero's DDOS protection software
Company
Corero Network Security PLC
LON:CNS
Corero Network Security PLC is a leading provider of DDoS (distributed denial-of-service) protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics and reporting tools. The company’s technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability.
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Juniper is a US$10bn company and a giant of the network industry so this is potentially a massive deal for Corero
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"Corero has delivered excellent operational gains in the first half of the year, which, coupled with its new business pipeline and developing go-to-market partnerships, gives the board confidence in the company's prospects"
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The contract win follows a successful proof-of-concept trial, which included the evaluation of competitors, with SmartWall recognised as the technology best-placed to meet the customer's requirements
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