To all:
Looks like that RedHerring article is off the archives but I found this to ponder:
TOP IPO CANDIDATES
Private companies projected to
go public within the next 24
months.
Security Dynamics,
Cambridge, MA
CEO: Charles Stuckey
Founded: 1984
Employees: N/A
Phone: 617/547-7820
Market/Product: Computer access security
hardware & software products to prevent
unauthorized user access to information on host
computers & networks. Products include a
credit-card sized token which is carried by
authorized users. Patented technology produces
a unique, unpredictable access code that
automatically changes every minute. Available for
IBM, Digital, H-P, AT&T, Sun, SGI, Cray, &
other UNIX platforms. Clients include over 40%
of the Fortune 500 companies. No other vendor
has competitive product set/technology. Indirect
competition with dial-back systems,
challenge-response tokens, smart card
technology, & biometric devices.
Finance/Strategy: CEO from Control Data.
Venture backing from Apex, Alta, Burr Egan
Deleage, Productivity Fund, Keystone, Corning
Capital, & Sequoia Capital. Last round in '88
was $1.6M for a total of $6M. Greater than
65% compounded annual growth since it began
shipping products in '87. Forecast revenues of
$15M to $20M for FY'94. Strategic
partnerships with Apple, AT&T, Raptor
Systems, Shiva, Telebit, Xylogics, Xyplex, &
others. Holds 60% of the token-based security
marketplace, which is estimated to reach $100M
by '95.
BTW: we used these very succesfully at Synopsys.
dna |
