Qiave Technologies
Qiave Technologies, a provider of security solutions for inter-networked computing environments.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Qiave Technologies developed internet security software focused on intrusion protection for servers and hosts. The company's core business was the development and marketing of security software that provided content and resource protection for various operating systems, including Microsoft NT, Windows 2000, and Sun Solaris. Operating within the network management software and cybersecurity industries, Qiave Technologies was a venture-capital-backed firm.
The company successfully raised capital in an early-stage VC round on August 10, 2000. Key investors in the company included Bantam Group, Commonwealth Capital Ventures, JMI Equity, and MassVentures. A significant milestone in the company's history was its acquisition by WatchGuard Technologies. This merger and acquisition deal was finalized on October 4, 2000, for an amount of $66 million.
The acquisition by WatchGuard, a provider of comprehensive cybersecurity solutions, marked the culmination of Qiave's journey as a standalone entity. This strategic sale positioned its technology within a broader suite of security products. The company was based in Waltham, Massachusetts.
Keywords: network management software, intrusion protection, server security, cybersecurity, content protection, resource protection, WatchGuard Technologies, venture capital, IT security, data security