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Bluefire Security Technologies

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Bluefire Security Technologies creates firewall technology for hand-held devices

Baltimore, United StatesFounded 2001Cybersecurity
Valuation $50–100M Last recorded · 2004
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Bluefire Security Technologies

Bluefire Security Technologies specialized in developing security software tailored for mobile and wireless handheld devices. The company's core focus was on protecting both the devices and the enterprise networks they connected to from various digital threats. Its flagship product, Bluefire Mobile Firewall Plus, was designed as a comprehensive security solution for handhelds, incorporating features like a personal firewall, intrusion prevention, integrity management, data encryption, and user authentication.

The firm catered to a broad range of mobile enterprises, including government agencies, healthcare organizations, and high-tech companies. A key aspect of Bluefire's strategy involved forming partnerships, such as the one with Certicom Corp. in 2003, to enhance the adoption of secure wireless technologies. This collaboration allowed Bluefire to integrate FIPS 140-2 validated cryptography, a standard for government security, thereby expanding its market reach to federal agencies. The business model appeared to be centered on direct sales and licensing of its software. For instance, a starter kit for its Bluefire Mobile Security Enterprise edition, which included the Enterprise Manager and 100 user licenses, was priced at $9,995 in 2008.

The company's technology provided centralized management capabilities, allowing administrators to enforce security policies, monitor device activity, and control devices remotely without interrupting the end-user. This was achieved through a rules-based personal firewall engine that resided on the device itself. Bluefire also offered a Software Development Kit (SDK) to enable enterprises and software integrators to embed secure remote access directly into their mobile applications. Throughout its operation, the company sought multiple rounds of financing to support its growth and was advised on legal and corporate matters by the law firm Nemphos Braue.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2001
Headquarters
Baltimore, United States
Employees
7
Open positions
None listed
Dealroom signal
0.0/100
Industry
Security
Sub-industry
Device security & Antivirus
Sector
Cybersecurity
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jun 2004 $10M $40M JK&B Capital · Maryland Department of Business and Economic Development · Walker Ventures · Grotech Ventures —
SERIES B✓Equity / VC Nov 2002 $6M $24M Maryland Department of Business and Economic Development · Walker Ventures · JK&B Capital —
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Growth signals

Bluefire Security Technologies website traffic

Latest recorded traffic for Bluefire Security Technologies is 0 monthly website visits. Bluefire Security Technologies's team grew 0% over the past year.

Latest monthly visits0 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Walker Ventures
  • Maryland Department of Business and Economic Development
  • JK&B Capital

Series B and later1 investor entered at this stage

  • Grotech Ventures
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Baltimore HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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