Telenisus

About Telenisus

Telenisus was a Chicago-based provider of internet infrastructure services, founded in 1999 by Gordon Reichard. The company focused on delivering secure internet business solutions, including managed hosting, information security, and virtual private networking (VPN) facilities.

The company's history is marked by significant venture capital investment. In November 1999, Telenisus secured an $8.3 million angel investment. This was followed by a substantial Series B funding round of $50 million in April 2000, bringing its total raised capital to over $58 million. This funding positioned the company to address the growing demand from businesses for robust and secure online operations.

Telenisus's business model was centered on providing a comprehensive suite of internet infrastructural services. Its offerings were designed to enable clients to conduct their business securely over the internet. The target market consisted of businesses requiring reliable information security and managed hosting tools. In December 2001, Telenisus sold its managed services business to VeriSign for $5.8 million.

In a strategic move to bolster its own security offerings, Forsythe Technology acquired Telenisus's security integration and consulting services in February 2002. The acquisition included Telenisus's technology, skillset, and customer base. Following the acquisition, key personnel such as COO David Nolan and founder Gordon Reichard transitioned to consulting roles with Forsythe, contributing their expertise to the newly expanded security solutions division.