Neocleus

Hypervisor for Endpoint Security

Cyber Security
Acquired (Inactive) by Intel on Sep 2010 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2006 by Ariel Gorfung and Etay Bogner, Neocleus operated with 11–50 employees. The company raised a total of $22.48M across 3 funding rounds from 2 investors before being acquired by Intel in September 2010.

Business overview

Neocleus provides a virtual endpoint environment designed to enhance security and control for IT departments. Its core technology involves an enhanced Xen Open Source hypervisor, transformed for endpoint security. This solution enables users to securely access critical corporate assets from any endpoint, irrespective of its location or security status. Neocleus serves the Cyber Security sector, focusing on enterprise and professional services, particularly in IT and software development.

Strategic signal

In September 2010, Neocleus was acquired by Intel. This acquisition highlights the strategic value of Neocleus's endpoint virtualization technology and its potential integration into broader security offerings, signaling a successful exit for the company and a strengthening of Intel's capabilities in the cybersecurity domain.

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Company Intelligence Q&A

When was Neocleus founded?
Neocleus was founded in January 2006.
Who were the founders of Neocleus?
Neocleus was co-founded by Ariel Gorfung and Etay Bogner.
What was a significant corporate milestone for Neocleus?
In September 2010, Neocleus was acquired by Intel.
How much capital did Neocleus raise in total?
Neocleus raised a total of $22.48M across 3 funding rounds.
Which investors participated in Neocleus's June 2008 funding round?
In June 2008, Neocleus received funding from Battery Ventures and Gemini.
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