Las Vegas, NV (Black Hat 2010) — July 27, 2010 - Solera Networks, a leader in real-time network forensics and network monitoring, announced today that it has closed $15 million in Series C financing. New investor Trident Capital leads the round, joined by existing investors Allegis Capital and Canopy Ventures. Trident managing director J. Alberto Yépez will join Solera Networks’ Board of Directors. Solera Networks will use the capital to expand sales and marketing activities, accelerate product development, and fuel the company’s next stage of growth.

“It is Solera Networks’ mission to be the definitive leader in real-time network forensics and situational awareness,” said Steve Shillingford, president and CEO of Solera Networks. “Enterprise and government CISOs recognize that today’s cyber security threats require a new kind of defense — a full record of network traffic, instantly accessible and searchable. Trident Capital saw the opportunity to extend our leadership position, making this technology ubiquitous in the defense of critical infrastructures.”

Trident Capital has a strong track record of investing in and building successful security companies including AirTight Networks, Arxan, HyTrust, Neohapsis, Qualys, Sygate (acquired by Symantec – NASDAQ: SYMC), Tablus (acquired by EMC – NYSE: EMC), Thor Technologies (acquired by Oracle – NASDAQ: ORCL), Tricipher, and Voltage Security. Red Herring ranked Trident No. 26 out of 1,800 global venture firms. “Trident applies a sector-focused and thesis-driven security investment approach that focuses on pressing customer priorities, emerging security threats and regulatory compliance requirements,” said J. Alberto Yépez, Trident Capital managing director. “We are very impressed with Solera Networks’ proven management team, superior products, partner ecosystem and outstanding references from sophisticated customers in the intelligence community and commercial markets. Trident is delighted to partner with Solera Networks to establish the next generation network security platform.”

Solera Networks’ family of appliances capture, store, and index network traffic for a period of days, weeks, or longer, and have proven to be the highest performance appliances on the market. The Solera DeepSee™ suite of applications, included with each appliance, harnesses stored data to provide real-time and historical visibility to threats by reconstructing and visualizing events in full fidelity. Technology patented by Solera Networks is proving to be a critical defense against advanced threats targeting government and enterprise computer systems.

By developing cutting edge products and delivering on quality and performance, Solera Networks has attracted a strong group of partners and advocates for the advancement of network forensics. “Just like in the physical world, you need security cameras to have good security. Network forensics cuts the time to respond to an incident dramatically so that significant losses can be avoided,” said Kevin Mandia, president and CEO of Mandiant, and author of Incident Response and Computer Forensics. “We now recommend real-time network forensics to all of our clients as part of a strong security posture. The team at Solera Networks has built a great product that scales and performs beautifully. This is a product that everyone needs on their network.”

About Trident Capital

Trident Capital is one of the world’s leading venture capital and private equity firm with more than $1.8 billion of capital under management, including the recently closed Trident Capital Fund VII. The firm focuses on investments in Software and Information Technology-Enabled Services, Healthcare IT, Internet and CleanTech. Trident invests across multiple stages, including early and late stage venture capital as well as growth equity and buyouts. The firm has made over 160 investments since inception in 1993. Trident has investment offices in Palo Alto, CA and Westport, CT. For more information on Trident Capital, visit http://www.tridentcap.com.

SALT LAKE CITY and MILPITAS, Calif., July 20, 2010 – Solera Networks, a leading network forensics products and service company and FireEye, Inc., the leader in next-generation Malware Protection Systems (MPS), today announced a technology partnership to deliver an integrated solution to provide businesses with full visibility into cyber incidents before and after they occur. The powerful combination of FireEye’s Malware Protection System and Solera Networks’ network forensics platform integrate to deliver a single solution for capturing detailed analytics of cyber security attacks, including zero-day and advanced, persistent attacks to enable swift, intelligent response.

“FireEye is an industry leader in network security and malware protection and we are excited to combat the growing threat of cyber attacks with them,” said Peter Schlampp, Vice President of Marketing and Product Management at Solera Networks. “The combined solution provides customers with greater insight, enabling a more comprehensive incident response against zero-day, targeted attacks.”

Today’s cyber threats challenge enterprise and government networks at a new level of sophistication. Major incidents like Operation Aurora that targeted Google™ and other prominent organizations require dynamic malware protections, as offered by FireEye and in-depth, real-time network capture, as offered by Solera Networks to fully understand the context and impact of the attack. Solera Networks’ open architecture seamlessly integrates with FireEye’s threat prevention appliances. FireEye provides packet-level detail (PCAPs) of an attack alert while Solera Networks simultaneously provides full network capture and replay for administrators to understand the full contextual details of what happened before and after an incident was blocked. The Solera DS network forensics appliances record every packet at line rates up to 10Gbps on physical and virtual networks for full event reconstruction.

The partnership with Solera Networks and FireEye enables two key components: incident response and situational awareness. Customers can now leverage efficient incident response and analysis for any confirmed security event blocked by FireEye. Solera Networks appliances recreate and replay network traffic surrounding any zero-day, targeted attacks stopped by FireEye and provide full context of what happened before and after the event. This new insight gives IT departments the opportunity to further analyze related attack incidents and uncover the root cause of the network breach to mitigate any possible further risks. The added value of situational awareness provides customers with evidence and complete understanding of any cyber security incident that conventional intrusion prevention, web filtering and antivirus products have missed.

“Together with Solera Networks we are addressing cyber attacks, looking at both incident response and situational awareness. As a result, we provide our customers with a deeper understanding of the zero-day attacks before and after they occur, giving them more granularity on incidents,” said Ashar Aziz, founder and CEO of FireEye. “We are committed to fight the Modern Malware infection lifecycle, and partnering with Solera Networks enables us to take on a more aggressive approach.”

About FireEye, Inc.
FireEye, Inc. is the leader in malware protection systems and next generation network threat prevention solutions that safeguard valuable data and networks against Modern Malware infiltration and theft in commercial enterprises, higher education, and government institutions. The FireEye Malware Protection System is the industry’s first solution that completely breaks the Modern Malware infection lifecycle by stopping inbound, zero hour, targeted attacks, outbound data exfiltration callbacks, and dynamically inoculating networks from future attacks through both local and global intelligence. FireEye finds and blocks the 90% of Modern Malware attacks that conventional defenses miss, at network speeds and near-zero false positive rates, delivering an extremely low security TCO. FireEye is based in Milpitas, Calif. and is backed by Sequoia Capital, Norwest Venture Partners, JAFCO Ventures, DAG Ventures, Juniper Networks, and In-Q-Tel. Visit us at www.FireEye.com.

San Mateo, CA – June 30, 2010 – Red Herring announced that Solera Networks, a leading network forensics products and services company, has been selected as a winner of its Top 100 award for leading private startup companies in North America. This award recognizes the company’s strong growth in the field of network forensics driven by demand for the company’s innovation and technology for effective incident response to any network security event.

Red Herring’s Top 100 North America list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Solera Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Solera Network should be proud of its accomplishment, as the competition was very strong.”

“This recognition from Red Herring is an honor, given their reputation of identifying startups that have become critical components of our business infrastructure,” said Peter Schlampp, VP of Marketing and Product Management at Solera Networks. “It is also a strong statement of our ability to build a great company – including technology, team, and execution – in the highly competitive network security market during an economic downturn. We’re thrilled with our progress and we’re having a great 2010.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria; such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers. This allows Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.

SALT LAKE CITY, UT – June 16, 2010 – Solera Networks, a leading network forensics products and services company today announced its partnership with Sourcefire, Inc. (Nasdaq:FIRE), the creators of SNORT® and a leader in intelligent Cybersecurity solutions. Solera Networks can now integrate its award-winning network forensics technology directly into Sourcefire’s event analysis. The integration enhances Sourcefire’s packet analysis functionality to include full session capture, which provides detailed forensics for any security event. The partnership enables swift incident response to any security event and provides full detail in the interest of understanding “what happened before and after a security event?”

“Sourcefire is a recognized leader in intrusion detection and prevention,” said Steve Shillingford, president and CEO of Solera Networks. “Many of today’s leading organizations rely on Sourcefire technology to protect their critical assets. Combining our high-speed active network forensics with their platform gives these companies another valuable tool in their arsenal to combat ever-changing and persistent attacks. With network forensics and instant replay they can quickly determine the complete source and scope of any security event. It’s like a DVR or surveillance for their network.”

Sourcefire IPS uses a powerful combination of vulnerability- and anomaly-based inspection methods to analyze network traffic and prevent threats from damaging the network. Solera Networks forensics appliances sit passively on the network and capture, index, record and replay all traffic, even on today’s fastest 10Gb networks. Sourcefire users can now have the option to see any slice of network traffic surrounding a security alert. These slices can be based on time, protocol, source/destination port and many other parameters. The Solera DeepSee Forensics Suite reconstructs and delivers a full record of anything crossing the network, including artifacts (files, emails, malware, etc.) contained in that traffic. The combined solution provides protection against known threats and the tools to prepare for, and swiftly respond to, the unknown threats.

“Threats are becoming more sophisticated and targeted,” said Martin Roesch, founder and CTO of Sourcefire. “There is a powerful advantage in being able to see the full content of every attack on your network. Network forensics from Solera Networks compliments Sourcefire’s IPS and RNA products by letting you see everything that led up to and followed a successful prevention of an attack. With an actual record of every network packet, customers can learn more about the behavior of the attacker and better prepare for future attack attempts.”

In addition to complete playback of traffic surrounding any security alert, the historical network record can be used to validate updated signature files. Solera DS appliances contain an exact replica of an organization’s network traffic, which allows analysts to replay old traffic to a recently updated Sourcefire IPS and validate the latest incremental protection delivered by Sourcefire’s Vulnerability Research Team (VRT).

Initial integration of the two products is delivered through free software now available from Solera Networks. To download a 30-day trial of the Solera DS Virtual Appliance or to schedule a demo, please visit www.soleranetworks.com or contact Solera Networks at 877-5SOLERA (877 576-5372) or (801) 545-4100.

SALT LAKE CITY, UT – MAY 26, 2010 – Solera Networks, a leader in network forensics products and services today announced their “Donate and Defend” program to provide their award-winning network forensics technology to education institutions with dedicated cyber security training programs. Colleges, universities, and other training organizations may license the Solera DS Virtual Network Forensics Appliance free of charge to train professionals and fill the fast-growing demand for cyber security and network forensics experts.

“Today’s attackers are finding ways around traditional security protections and are penetrating even the most recognizable government agency and enterprise networks,” said Casey O’Brien, Director of CyberWatch, a consortium of 50+ colleges and universities devoted to information assurance and cyber security training. “A new, highly-skilled cyber defender is needed, one that can react quickly with the right set of skills and tools to identify previously unknown threats and to prevent ongoing exposure and risk. Solera Networks is a great example of a cutting-edge technology company that understands the need to support the development of the next generation of cyber warriors.”

Network forensics has become a key weapon in the cyber security arsenal of both military and enterprise security professionals, enabling rapid response to any security event. Acting like a camera in a bank, when a cyber attack occurs, network forensics solutions provide a complete record of all network activity to help determine the point of entry for the breach, what was affected, what data was compromised and the party that was responsible — even in real-time. Solera Networks supports cyber defense training exercises, such as the Collegiate Cyber Defense Competition (CCDC). The Donate and Defend program further extends that support to educate and train new network forensics professionals.

“Securing critical enterprise trade secrets and national security information requires swift, intelligent response,” said Steve Shillingford, President and CEO of Solera Networks. “Cyber attacks not only threaten our national interests, they also have a huge economic impact. We have to prepare and train future professionals in order to respond swiftly and appropriately as new threats emerge. We are happy to play a role in assisting with this education.”

Program Details:

Solera Networks will donate its Solera DS Virtual Network Forensics Appliance (a $10,000 value) to any education or training institution that offers dedicated network forensics curriculum and cyber security training courses. Solera DS forensics appliances and the Solera DeepSee Forensics Suite provide unique capabilities to better train cyber defenders, including:

• Full recording and replay of all network activity – See every event that transpires on the network and replay events for ongoing “what if” analysis.
• Integration with popular networking security tools – Provides context to other security tools, helping answer questions like: “What triggered this security alert?”, “What were the attackers doing before and after the alert?” and, “Were there previous instances of this same event?”
• Easy deployment into any network environment – Virtual and physical deployment options allow for simple deployment, even in the most complex networks. Scalable storage options allow recording of days, weeks, or month’s worth of network activity.

Any educational institution interested in using these network forensics appliances may contact Solera Networks for program specifics. Visit www.soleranetworks.com/dnd for more details.

SALT LAKE CITY, UT — March 23, 2010 – Solera Networks has been honored for its product innovation by Network Products Guide, the industry’s leading information technology research and advisory guide. The Solera Networks DS 5150 Network Forensics Appliance was named the best forensics solution for 2010.

Solera Networks achieved unprecedented growth and released its Solera OS 4.0 in 2009. The company has rapidly become one of the most recommended and requested network forensics solutions by organizations demanding scalability and performance, coupled with ultra-fast search capacity for the most complex high-speed networks.

“Network Products Guide’s recognition of Solera Networks as the best network forensics solution provider is not only evidence of the company’s incredible momentum in customer growth and product development, but a validation of the entire network forensics industry,” said Peter Schlampp, VP of Marketing and Product Management at Solera Networks. “Recent cyber attacks targeting prominent organizations has government and private enterprise looking for a different approach to security. This shift towards threat detection and remediation ensures that Solera Networks is poised for significant growth in 2010 and beyond.”

The 2010 Product Innovation Awards recognize and honor vendors that deliver innovative and groundbreaking products that are bringing essential changes that set the bar higher for others in all areas of information technology.

Much like a camera at a bank, when a cyber attack occurs, Solera DS Network Forensics Appliances capture a complete record of all network traffic to help determine the full source and scope of any network security event. The Solera DS 5150 appliance provides full packet capture, search, replay and reconstruction at 10 gigabit speeds. This ensures a complete historical record of all network traffic, enabling swift incident response. To read more about the Solera DS 5150 appliance, please visit www.networkproductsguide.com/innovations/.

“Protecting our national and economic security today requires a different approach and new models,” said Robert Rodriguez, Chairman and Founder of Security Innovation Network. “It’s more than just defense these days. We must be prepared for swift, intelligent response. Solera Networks is a prime example of a groundbreaking company that believes in collaborating with key partners, systems integrators and government agencies to bring network forensics to organizations committed to protecting the interests of enterprise and government communities. This award is recognition of true technology innovation.”

SALT LAKE CITY, UT — March 9, 2010 – Steve Shillingford, the President & CEO of network forensics market innovator Solera Networks, has been invited to present on cyber security trends and the company’s success at one of the premier technology conferences in the country. The Montgomery Technology Conference brings together more than 800 senior-level private equity and venture capital investors and corporate industry executives for feature presentations from 150 of the finest emerging growth private companies in the internet, wireless, information technology, communications and related media and technology sectors.

Network forensics continues to attract strong interest from enterprise and government network security professionals, as well as within the investment community. As one of the fastest areas of growth within network security, organizations are quickly realizing that prevention alone is not sufficient to defend against the latest security threats.

“Solera Networks has seen exceptional growth in the past 12 months. Increasing numbers of enterprise and government entities consider network forensics a necessity in today’s security environment,” said Steve Shillingford, CEO of Solera Networks. “It’s an honor and validation for both Solera Networks and the network forensics industry as a whole to receive an invitation to present at 2010 Montgomery Technology Conference.”

Acting like a camera in a bank, Solera Networks’ network forensics solutions provide a complete record, including payloads, of all network activity to enable rapid detection of the source and scope of any network security event. Customers leverage this capability for more efficient incident response and historical threat detection, shortening the cycle of event correlation by orders of magnitude.

Solera Networks achieved unprecedented growth and released its 4.0 SoleraOS in 2009. The company has rapidly become one of the most recommended and requested network forensics solutions by organizations demanding scalabilty and performance, coupled with ultra-fast search capacity for the most complex high-speed networks.

Today’s threats target enterprise and government networks using tactics that are achieving a new level of sophistication and will remain undetectable by current signature-based security tools. Operation Aurora that targeted Google™ and other prominent organizations, and recent ZeuS botnet variants, are recent examples of these threats. Network forensics products like Solera Networks are the only solution to defend against unidentified, persistent threats to the network. Enterprises need the ability to store data in a single scalable location, with redundancy built in, without sacrificing instant access to that data. There has been a barrier to providing these critical elements and maintaining lossless capture on today’s high-speed networks.

The Solera DS SAN solution, powered by EMC, breaks the single-system storage barrier by providing incident responders instant assess to the full detail of historical network activity in up to one petabyte of captured network data. Unlike competitive solutions, which require the use of multiple standalone systems to scale to the needs of modern networks, DS SAN simplifies and consolidates hardware deployments while reducing management costs. DS SAN is available immediately in configurations starting at 100 TB of capture storage for network speeds ranging from 100 Mbps through 10 Gbps.

“EMC is the industry leader for enterprise storage solutions,” said Steve Shillingford, CEO of Solera Networks. “As we are becoming the most recommended and requested network forensics solution for large enterprise and government, customers are asking for even larger windows of captured network traffic and the ability to sift through terabytes of data for specific details of any security event. Combined with EMC, we deliver a network surveillance platform for effective incident response that can scale to the needs of any organization.”

A key component of Solera Networks technology is Solera DSFS™, the groundbreaking custom-built file system designed to achieve 10 Gbps network capture while offering instant access to any packet of information that has traversed the network. Combined with EMC storage solutions, Solera DS SAN breaks the high-speed capture barrier that other technologies are unable able to overcome.

SALT LAKE CITY, UT — Feb. 25, 2010 – Solera Networks, a leader in the rapidly growing network forensics market, has appointed Paul Kraus as Vice President of Engineering. As part of Solera Networks’ continued growth, the company is adding this key executive position to support the development of comprehensive network forensics solutions that are in high demand across government and enterprise organizations with large complex networks.

In this new role, Kraus will report directly to CEO Steve Shillingford, and direct all engineering aspects of product development. Kraus brings nearly 20 years of experience in IT product engineering at global IT companies. Prior to joining Solera Networks, he led product engineering for Omniture Inc., an Adobe company and a leader in online business optimization software. At Omniture, Kraus was responsible for the company’s industry leading data analytics technologies, a strength that led to Omniture’s $1.8B sale to Adobe in 2009. Previously, he served as Senior Director of Engineering at Symantec Corporation, and was responsible for solidifying engineering process for the company’s flagship email and file system archiving product. Kraus has also led engineering teams at other global companies, including Veritas Software, Microsoft and Fidelity Investments.

“Adding Paul to our executive team is one of the ways we continue to expand so we can better meet the skyrocketing interest from government and enterprise customers,” Shillingford said. “Paul’s deep technical background and proven record of managing fast-growing engineering teams will be critical as we develop leading network forensic technologies. I can’t wait to see what he adds to our next gen products.”

In 2009, Solera Networks experienced unprecedented growth and is one of the most recommended and requested network forensics solutions by organizations demanding ultra-fast, scalable and reliable security for complex high-speed networks. The company continues to invest in its groundbreaking products that identify the full source and scope of a security incident to facilitate swift, intelligent incident response.

The honor of being selected as a finalist comes shortly after the company just announced unprecedented growth in 2009. This growth is due to rapidly becoming one of the most recommended and requested network forensics solutions by organizations demanding high-performing, scalable and reliable security for complex high-speed networks.

“Solera DS Network Forensics Appliances are among today’s most respected security products as chosen by our panel,” said SC Magazine Editor-in-Chief Illena Armstrong. “Security is a key challenge for IT organizations and businesses worldwide and our readers recognize that companies like Solera Networks are helping them meet their security challenges.”

To help security professionals actively identify the full context, including source and scope of a security incident within any network, Solera Networks recently unveiled Solera OS 4.0, the latest version of its flagship product that provides comprehensive active network forensics solutions for instant response when a security incident occurs.

“It is an honor to be recognized as a leading network forensics solution by SC Magazine and the industry,” said Peter Schlampp, VP of Marketing and Product Management at Solera Networks. “With network forensics becoming one of the fastest growing segments within the security ecosystem, recognition in this category is a strong statement of our ability to deliver what customers need for swift and intelligent incident response, especially on today’s ultra-fast 10Gb networks.”

The Solera DS Network Forensics Appliance was selected from more than 600 entries submitted in more than 31 technology categories.

As the industry’s preeminent awards program, the annual SC Awards has recognized security’s key contributors and outstanding products for more than a decade. The SC Awards are designed to honor the professionals, companies and products that help fend off the myriad security threats confronted in today’s corporate world. Individuals, brands and solutions recognized in the program address not only the security challenges prominent today, but also the emerging threat landscape of tomorrow.

Winners of this year’s SC Awards will be announced at a gala dinner and award ceremony to be held in San Francisco on Tuesday, March 2, 2010.

About SC Magazine

SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought-leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. Besides the monthly print magazine and daily website, the brand’s portfolio includes the SC Awards, SC Directory, SC Magazine Newswire and the annual SC World Congress conference and expo.