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Deep Nines

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DeepNines Technologies | Network Security | Cyber Security

Dallas, United StatesFounded 1999Cybersecurity
Valuation $50–100M Last recorded · 2007
Total funding $10–50M Disclosed equity funding
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About Deep Nines

DeepNines Technologies, founded in 1999, was a network security provider that specialized in real-time, identity-based network defense for content and applications. The company was established by Sue Dark, a cybersecurity pioneer with a career spanning over 30 years who also holds many of the patents for the technology upon which the company's products were built. Her extensive background in directing both startups and mature growth companies was instrumental in her return as CEO and President in September 2010 to guide the company's next phase of expansion.

The firm focused on providing integrated network security systems to manage and control cybersecurity threats. Its client base included businesses, educational institutions, healthcare organizations, and government customers. DeepNines developed and patented unified threat management (UTM) technology, which enabled the protection and control of ports, protocols, users, applications, and content at firewall speeds. A key offering was the iTrust Security Platform, a device that worked in conjunction with an existing firewall, sitting between the internet and the network perimeter to stop attacks before they could reach the firewall. This platform also provided web content filtering and blocking of P2P and chat programs. Another significant product was the Internet Security Assessment (ISA), a tool launched in 2009 to provide administrators with comprehensive visibility into their internet traffic to identify vulnerabilities and policy violations.

The company's business model revolved around the sale of its security appliances and modules. For instance, the Frontline 910 base UTM started at $5,000, with larger models scaling up in price, and additional functionality modules could be purchased separately. Over its history, DeepNines raised $24 million in funding from investors including Altitude Capital Partners, Insight Partners, and Dawntreader Ventures. The company also made a strategic acquisition of Captus Networks in January 2007. Headquartered in Dallas, Texas, DeepNines grew to have 200 employees. The company's journey concluded on February 11, 2011, when it was acquired by Netsweeper.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
Dallas, United States
Open positions
None listed
Dealroom signal
22.3/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Risk Management, Cybersecurity
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2011 $0 — Netsweeper —
EARLY VC✓Equity / VC Feb 2007 $9M $36M Altitude Capital Partners —
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Growth signals

Deep Nines website traffic

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Investments and acquisitions

Capital deployed

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Investors

5 investors on the cap table

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

Series A1 investor entered at this stage

  • Altitude Capital Partners

Series B and later3 investors entered at this stage

Other known investors1 additional known investor

  • Netsweeper
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Source: Dealroom Talent Intelligence.

Global footprint

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

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