Antimalware Startup Dasient Gets Money from Google Ventures
Article by George Norman
On 09 Feb 2011
Dasient, Internet security company that protects businesses from losses of traffic, reputation, and revenue caused by web-based malware attacks, was glad to announce that it received a new round of funding from Google Ventures, the venture capital arm of Mountain View-based search engine giant Google. To put it in other words, Google Ventures continues to invest in antimalware startup Dasient.

Dasient said it will use the money to accelerate its growth plans, to extend its reach into new markets, and to fund its research and product development efforts.

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"Malware is one of the fastest-growing threats on the Internet today, and Dasient has developed innovative solutions that aggressively tackle this problem head on," said Karim Faris, Partner, Google Ventures. "Now, more than ever, the safety of the Internet is at risk, underscored by the rapidly increasing number of websites and advertisements infected with malware. Dasient enables companies to proactively protect their websites by detecting and identifying a malware infection before it harms their business. We are excited to be working with the Dasient team to help build and grow the company as the worldwide leader in Web anti-malware."

"Dasient started with the vision to help secure the world from web-based malware - and two years later, we are proud to report that our technology has helped keep millions of websites malware-free. Dasient is thrilled to receive this new round of funding from Google Ventures to continue our strong growth and contribute new research and future technology innovations that can help curb the spread of sophisticated malware attacks," said Paul Stich, CEO of Dasient.

Before joining Dasient, Paul Stich was Vice President of Global Telecommunication Solutions at McAfee. Before that he was President and CEO of Counterpane Internet Security, and before that he was the Co-founder, President and CEO of Groundswell, a premier Internet consulting firm. Stich, who has more than 25 years of experience under his belt, earned a bachelor's degree in Economics from Saint Mary's College of California and an MBA from the University of Notre Dame Graduate School of Business.

Dasient was founded by Neil Daswani (currently Dasient CTO), Ameet Ranadive (VP of Products) and Shariq Rizvi (VP of Engineering). Daswani and Rizvi used to work for Google.

Additional information on Dasient is available here.



Tags: Dasient, Google Ventures
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