Britestream Networks
Hardware-based semiconductors for high-volume, secure online transmissions
About Britestream Networks
Britestream Networks, Inc. was a provider of hardware-based data privacy solutions, specializing in semiconductors for network security applications. Founded in 2000 and based in Austin, Texas, the company initially operated under the name Layer N Networks Inc., focusing on Secure Sockets Layer (SSL) silicon. In October 2004, it rebranded to Britestream Networks to better reflect its focus on streaming security as it brought its products to market.
The firm developed devices to enable high-volume processing of secure online transmissions, addressing the performance penalties associated with software-based SSL processing. A strategic shift saw the company expand from standalone security chips to board-level solutions, such as the BN1010 network interface card, to meet market demands. Britestream jointly developed a line of cryptographic accelerator solutions, nFast and nForce, with nCipher plc. These products were designed to offload all SSL-related tasks onto a dedicated server expansion card, handling up to 10,000 connections per second.
On November 13, 2006, Britestream Networks was acquired by nCipher plc, which purchased its intellectual property, stock, and other assets. The acquisition allowed nCipher to take full ownership of the jointly developed cryptographic product line. Subsequently, nCipher was acquired by Thales UK, a global group in the aerospace, defense, and security markets.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2000
- Headquarters
- United States
- Open positions
- None listed
- Dealroom signal
- 12.3/100
- Links
- Website
Knowledge graph
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Funding history
Company financing events and reported valuations.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Austin Ventures
Granite Ventures- CIConvergent Investors
- ACAgave Capital
Seed Capital Partners
Stafford Capital Partners- CPChisholm Private Capital Partners
Technology Management Associates
Series B and later2 investors entered at this stage
VentureTech Alliance- PCParker Price Venture Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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