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Riptech
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Riptech was a network security company.
Key Information
History
[edit]The company was founded in April 1998, during the dot-com bubble, by Sheikh Rayhan along with his two brothers and Tim Belcher. It began operations in December 1999 and raised $45 million in venture capital from Columbia Capital, Providence Equity, and Broadview Capital.[1] It was sold to Symantec (now Gen Digital) in August 2002 for $145 million in cash.[2]
References
[edit]- ^ "Riptech on frontlines of cybersecurity". United Press International. January 14, 2002.
- ^ Sagi-Maydan, Mary (August 22, 2002). "A Big Sale for (U.S.) Military Veterans Elad and Amit". Haaretz.
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