Sunday, February 29, 2004

Quarry Raises $18 Million for Security Service Routers

Quarry Technologies, a start-up based in Burlington, Massachusetts, raised $18 million in D Series venture funding for its line of carrier-class security service routers. Quarry's iQ Security Service Routers enable carriers to offer billable network-based security services over their IP/MPLS networks to enterprise and consumer customers. Quarry's platform combines high-performance ASICs, network processors and proprietary algorithms for priority queuing, virtual routing and real-time statistics. Quarry's packet processing system provides wire speed traffic classification, policing, fine-grained queuing, dynamic firewall filtering, address translation and priority-sensitive traffic aggregation, thereby enabling the enforcement of application-specific Service Level Agreements (SLAs) to each customer. The platform, which is deployed at the edge of service providers networks, applies billable security services (i.e. firewall, virus scanning, DoS prevention, intrusion detection/prevention) to IP and MPLS VPNs subscribers. A customer self-management portal is provided. The platform is scalable to 1000's of VPNs, 10,000's subscribers, and 1,000,000's of firewall session and IP QoS flows.



Quarry said it has experienced 25% growth in the past six months. Announced customers include Dacom (Korea), InTouch (Netherlands), and StraitShot (USA).



Investors include 3i, Jerusalem Venture Partners, ARCH Venture Partners, Walden International. The company had raised $77 million in its prior rounds of funding. http://www.quarrytech.com