Hillstone Networks

About Hillstone Networks

Founded in 2006 by industry veterans from NetScreen, Cisco, and Juniper, Hillstone Networks provides enterprise network security and risk management solutions. The founding team includes DongPing Luo (Co-Founder & CEO), Tim Liu (Co-Founder & CTO), and Zhong Wang (Co-Founder). Liu, a technology and security industry veteran with over 25 years of experience, leads the company's product strategy and technology direction. His background includes managing VPN subsystem development at NetScreen and Juniper Networks, where he co-architected the patented Juniper Universal Access Control.

Hillstone Networks operates on an integrative cybersecurity model, offering a portfolio of products designed to provide comprehensive visibility and protection from the network edge to the cloud. The company serves a global client base of over 28,000 enterprises across more than 60 countries, including Fortune 500 companies, financial institutions, government agencies, and service providers. Revenue is generated through the sale of its hardware and software security solutions. For the twelve months ending March 31, 2025, the company reported revenue of approximately $139 million.

The company's product suite addresses various layers of the IT infrastructure. Edge protection is handled by its Next-Generation Firewalls (NGFW), which leverage artificial intelligence and machine learning for advanced threat detection. For cloud environments, Hillstone offers CloudEdge, a virtual firewall, and CloudHive, a micro-segmentation solution that protects east-west traffic within virtualized data centers. A key platform is iSource, its Extended Detection and Response (XDR) solution. iSource integrates security data from multiple sources, including third-party products, to provide unified visibility, correlate incidents, and automate responses through predefined or custom playbooks. This platform utilizes machine learning for behavioral analytics to identify stealthy threats and offers comprehensive vulnerability management. The company also provides solutions for server protection, application delivery controllers, and centralized security management.

A significant milestone was the launch of its Intelligent Next-Generation Firewall (iNGFW) in 2014, which incorporated network behavior analytics. In 2015, the company introduced CloudHive to secure virtual machines through micro-segmentation. Hillstone Networks was listed on the SSE STAR MARKET in September 2019.