After 7 years of Incubation at III, Armorize Technology Inc. Leaps into NASDAQ as a New Star - Offering Defense Solution of APT to disarm the Threats of Cloud Top and Next Generation Software Virus
Date: 2013/08/15
Becoming the honor of Taiwan Information Security industry, team of Armorize Technologies Inc. leads by two brothers, has fought and won from battle to battle. Armorize Technologies was founded in 2006, specialized in security technology on website application program, stationed in Nankang Software Incubation Center. At the support of MOEA, assisted by CONNECT TAIWAN of III, Armorize Technologies was led by III to Silicon Valley to participate international VC worldwide event of “2006 Venture Forum” and “2008 DowJones VentureWire Technology Showcase”, and has captured “2007 Red Herring Asia Award”, and “2009 IDEAS Show Excellent Award” of Taiwan. Furthermore, VC of Estonia, Ambient Sound Investments (ASI) granted investment in Armorize Technologies in 2009, which instigated the company to become the most successful emerging startup enterprise in the cyber security market.
In recent years, Armorize Technologies has endeavored in solving the threat of Cloud and next generation cyber security, and also started to collaborate with Proofpoint – a company specialized in software against phishing, malware and spam. The excellent scanning capability of Armorize in Cloud based targeted attack of Advanced Persistent Threat (APT) has won the great desire of acquiring by Proofpoint, an IPO firm on NASDAQ, with a price of USD$25 million (approximately NTD750 million yen).
Executive President of Armorize Technology, Dr. Wayne Huang expressed that “Armorize is just like unknown baseball player from Taiwan who is working hard in small leagues, and finally is heading to play in MLB! In the past 2 years, we have been working diligently to develop our next generation scanning and detecting technology, rewriting the past systems, developing our unique threatening descriptive language and the comparison engine Vicara. And, now we have owned a brand new Cloud based platform with brand new core of detection technology. With the aid of complete Email security solution from Proofpoint, we are most exciting that the combination strength of Proofpoint and Armorize is like a tiger aided with wings; not only the product of Email APT is the strongest in the world, but Proofpoint will give Armorize more resources at the same time to expedite every product under the entire HackAlert Suite Cloud product line – including HackAlert Website Monitoring website Trojan Horse Detection Platform, HackAlert Safe Impression of Malvertising Scanning Platform, HackAlert Vulnerability Assessment of Weakness Scanning Platform, and the HackAlert CodeSecure Source Code Scanning Platform. In the future, we will march forward to the world top next generation APT protection solution.”
Head of Department of Commerce/MOEA, Mr. Jui-Te Yu, addressed at the occasion that he is very happy to see Armorize Technologies has used various existing incubation support mechanism of MOEA as leverage opportunity during the state of mature to increase R&D energy, attracting VC capitals, and moving into international market to become the pride of Taiwan. The assistance programs Armorize utilized including Nankang Incubation Center of SME Administration executed by III, and SBIR supplement assistance of “Web 2.0 New Generation Network Innovative Service Development Project (IDEAS Show)” supported by DoIT.
President of III, Dr. Ruei-Beei Wu, expressed his feeling at the speech that the success of ICT enterprise is not just happened without reasons, nor just achieved in one jump. Armorise works one step at a time with persistence, focusing on upgrade of information security, is exactly the most precious value in the startup business. Armorise Technologies has completely satisfied the requirements of four indicators “N-I-K-E” for the success of startup that the excellent team work with unlimited motivation to develop brand new information security technology – New; the solution is Cloud based information security, and exactly the most important issue worldwide with great efficiency – Importance and impact; the exclusive development of threatening descriptive language and comparing engine technology as Cloud based platform and core assessment offer key solution to the problem - Key; the winning of recognition in domestic and overseas repeatedly verified Armorize’s technology, especially acquired and merged by the NASDAQ IPO firm provides best evidence – Evidence! Armorize software is the first company in information security opening vision of internationalization, established the most successful paradigm of startup entrepreneur since IDEAS SHOW launched. USD25 million merging price is the highest record in Taiwan so far which is the best encouragement for the young startups.
III endeavors in offering guidance and escorting startups of Taiwan at the support of MOEA. After “atlaspost” community website incubated by Web2.0 in 2010 was acquired by the major US group buyer website Groupon, the news of Amorize acquired by NASDAQ IPO firm Proofpoint was seen widely by the international society, and shown the actual strength of Taiwan startup! III has worked with long term interests on efficiency of assistant mechanism on innovation, startup, VC investment, incubation related industry, and has achieved helping many entrepreneurs obtained the objective of venture capitals, or join-hand of international collaboration with brilliant record; in the future, III will continue to play the role of promoting digitized society for Taiwan, and spread more new startup of ICT and innovative technology service to the global stage, revealing high tech soft power at the international market.
Amorize Technologies after 7 years of incubation by III
Cate.
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Year
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Key Achievement and Mileage Stone
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Awards
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2006
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Winner of Outstanding IT Application Product Award, 2006, MOEA, Taipei, Taiwan
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2006
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Winner of Start-up Business Silver Award, 2006, MOEA, Taiwan
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2007
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Winner of Red Herring Asia 100 Award, 2007, Hong Kong
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2008
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Winner of SBIR Excellence Research Result Award, 2008, MOEA, Taiwan
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2009
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Winner, Judges Award, Ideas Show 2009, III, Taipei, Taiwan; invited to release at Demo Conference, USA
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Government
Grant
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2006
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Granted residency at the Software Incubation Center in Nankang Software Park
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2006-2007
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Granted Small Business Innovation Research (SBIR) Grant, 2006-2007, III, Taiwan
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2010
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Won Information Security Industry Government Grant, 2010, III, Taiwan
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2011
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Granted Information Security Industry Government Grant, 2011, III, Taiwan
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International Exposure
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2006
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Invited Presenter, Venture Forum 2006, Santa Clara, CA
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2007
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Invited Presenter, Red Herring Global 100 Innovator’s Pit Company, 2007, Seattle, WA
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2008
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Invited Presenter, Dow Jones VentureWire Technology Showcase, 2008, Redwood City, CA
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2009
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Invited Panelist, Dow Jones VentureWire Technology Showcase, 2009, Redwood City, CA
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2009
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Invited Presenter, Demo Fall, 2009, San Diego, CA
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Photo: At press conference on August of 15th - “Amorize Technologies after 7 years of incubation by III, leaps into NASDAQ as New Star”, Champagne opening celebration for USD$25 million (approximately NT750 million) officially acquired by NASDAQ IPO firm Proofpoint. In the group photo from left are President of Amorize, Mr. Wayne Huang; President of III, Dr. Ruei-Beei Wu; Head of Dept. of Commerce/MOEA, Mr. Jui-Te Yu; Secretary of CISA, Mr. Kuo-Hung Chang.
Photo: At the press conference, President of Armorize, Mr. Wayne Huang shares the key success story of Armorize Technologies.
For detail news information, please contact:
Amorize Technologies, Inc.:
Mr. Ching-Long Yang, Manager
Tel: (02) 6616-0100 #603
Ms. Meredith Chang, Section Manager
Tel: (02) 6631-8638
Ms. Hsuan Yan, Manager
(02) 6631-8640
Ms. Ying-Yin Shen, Manager
(02) 6631-8643
Sales and Mass Media Section
Planning and Evaluation Division, III
About Amorize Technologies, Inc.
Founded in 2006, Armorize has pioneered in Cloud based Advanced Persistent Threats protection and next-generation threat protection technologies. Armorize Technology service provider utilized Cloud Gig Data computing to scan and detect targeted attacks of malicious e-Mail, malware in document including dynamic threat protection, malicious URL, malvertising, Trojan horse within website, anomaly detection and malware sandboxing. Armorize has applied this core technology to detect advanced and "zero day" malware across multiple threat vectors including on compromised websites in malvertising (malware served via online advertising) and as part of Proofpoint's market leading anti-spearphishing solution Targeted Attack Protection. Since founding, Armorize has won various awards including 2007 Red Herring Asia 100, Red Herring Global Innovator’s Pit, Presented at Demo Fall 2009 in US, Outstanding Product Award by MOEA, Startup Award etc. Armorize Technologies headquarters at Santa Clara of Silicon Valley, while Global R&D Center locates in Nankang Software Park, Taipei. More information is available at: http://www.armorize.com/
About Proofpoint Inc.:
Proofpoint Inc. (NASDAQ:PFPT) is a leading security-as-a-service provider that focuses on cloud-based solutions for threat protection, compliance, archiving & governance, and secure communications. Organizations around the world depend on Proofpoint’s expertise, patented technologies and on-demand delivery system to protect against phishing, malware and spam, safeguard privacy, encrypt sensitive information, and archive and govern messages and critical enterprise information. More information is available at www.proofpoint.com.