PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for June 12, 2009 Subscribe to this News Feed    
 

SS8 Secures Series Additional Round of Venture Capital Funding

Industry Leader Sights Set on Further Developing Best-of-Breed Interception and Surveillance Solutions

Milpitas, CA (PRWEB) June 12, 2009 -- SS8 (SS8 Networks, Inc.) announced today that it has secured a significant round of financing, enabling continued advancements in IP interception and analysis capabilities. All of SS8's current investors participated in the round, including W Capital Partners, Kleiner Perkins Caufield and Byers, ONSET Ventures, Protostar Partners, and Woodside Fund.

With the secured funding, SS8 will look to enhance their already robust interception and surveillance solution set. "It's a tremendous vote of confidence from our investors to secure financing in this economic climate," says Dennis Haar, CEO of SS8. "Our momentum in the communication interception and surveillance markets and our continued global growth are compelling arguments." SS8 has experienced intensified growth internationally, specifically in the Middle East and APAC regions. The infusion of capital will enable further enhancements to their industry leading end-to-end IP solutions.

About SS8
Headquartered in the heart of the Silicon Valley in Milpitas, California, SS8 is a global company and an independent provider of regulatory-compliant electronic surveillance solutions that have been deployed in over 25 countries for the largest wire-line, wireless, cable, VoIP and satellite service providers. These voice and data installations can already intercept more than 100 million subscribers, and serve law enforcement agencies throughout the world. The expertise in the telecommunications area has enabled SS8 to bridge the path between the service providers and the LEA and intelligence community worldwide. SS8 products are sold and supported both directly and through OEM partnerships.

For more information, please visit: http://www.SS8.com

About Investors
W Capital is a leading provider of private equity liquidity management, with over $1 billion of invested capital under management. Woodside Fund is a leading venture capital firm that excels in developing early-stage technology companies. Kleiner Perkins Caufield and Byers have helped fund over 475 companies, including Amazon, Sun, Genentech, Intuit, Verisign and Google. ONSET Ventures focuses exclusively on information and medical technology-based start-ups, and has a long history of successful ventures in each of these sectors. Protostar Partners offers a balanced mix of strategic insight, operational capabilities and financial expertise, and is exclusively focused on building middle-market leaders.

# # #

OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION
Valentijn van der Meijden
SS8
+1 (408) 428 3563
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.