Reef Point Systems
closedSecurity solutions for converged wireless and wireline networks in the united states.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | $25.0m | Series B | |
| Total Funding | 000k | ||
Reef Point Systems, established in 1998, operated in the network security sector, focusing on the development and provision of carrier-class service security routers for network service providers. The firm was venture-capital-backed, successfully raising a total of $52 million through several funding rounds. Key investors included prominent firms such as ARCH Venture Partners, Jerusalem Venture Partners, One Equity Partners, and Walden International. A significant funding event occurred on March 22, 2007, when the company secured $25 million in a Series B round.
The company's core business involved providing robust security systems tailored for converged wireless and wireline networks. Its clientele primarily consisted of network service providers who utilized the technology to secure services like Voice over Internet Protocol (VoIP), Internet Protocol Television (IPTV), and other integrated voice, video, and data offerings running on a converged IP infrastructure. The product suite, named iQ, was engineered to deliver solutions for fixed/mobile convergence security, secure mobile access, and comprehensive network infrastructure protection. This positioned Reef Point Systems as a critical equipment supplier for enterprises and service operators managing the transition to unified IP-based networks.
The company's operational history concluded on January 22, 2008, when it was acquired by NextPoint Networks, a provider of secure IP-based connectivity solutions. This event marked the exit for its investors and the integration of its technology into NextPoint's portfolio. The acquiring entity, NextPoint, was subsequently purchased by GenBand in September 2011, further consolidating the technology within the broader telecommunications and IP gateway solutions market.
Keywords: network security routers, carrier-class security, converged network security, fixed-mobile convergence, VoIP security, IPTV security, IP infrastructure protection, NextPoint Networks acquisition, Jerusalem Venture Partners, Walden International, ARCH Venture Partners, One Equity Partners, network security equipment, wireline security, wireless network security, managed security services, IP gateway, telecommunications security, service provider security, venture-backed