Corero Announces Investment from Juniper Networks

Corero Network Security (LSE: CNS), a leading provider of real-time, high-performance, automated DDoS defense solutions, today announced it has that it has secured a $1.4 million equity investment from Juniper Networks, an industry leader in automated, scalable and secure networks, as part of a $4.2 million equity funding round.  

Corero Secures Investment from Juniper Networks

Corero Network Security (LSE: CNS), a leading provider of real-time, high-performance, automated DDoS defense solutions, today announced it has that it has secured a $1.4 million equity investment from Juniper Networks, an industry leader in automated, scalable and secure networks, as part of a $4.2 million equity funding round.

The investment, which increases Juniper’s equity interest in Corero to 9.9%, follows Corero’s announcement in September 2018 regarding a multi-year global resale partnership with Juniper to resell and support Corero’s SmartWall® Threat Defense Director (TDD) software products and services, and Juniper’s initial equity investment in Corero in October 2018.

The SmartWall TDD software was developed by Corero to meet the demand for Terabit-scale mitigation by intelligently leveraging the silicon filtering power of Juniper Networks MX Series router. This Juniper-Corero network-based DDoS defense solution can be deployed by any provider but is particularly well-suited for mitigating attacks in large-scale networks supporting a large number of high speed links and routers at the Internet edge.

Ashley Stephenson, Corero CEO said, “We welcome this additional investment from Juniper Networks, a further endorsement of our vision for SmartWall products as a critical component in securing IT networks from DDoS attacks. We continue to work closely with Juniper to jointly pursue the market opportunity for DDoS protection, a key component of the Juniper security offering, via its global sales force and channel.”

The SmartWall TDD software solution was showcased at the Juniper Networks annual customer and partner summit, NXTWORK 2019, in Las Vegas.

###

About Corero Network Security

Corero Network Security is a leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and Enterprises rely on Corero’s award winning technology to eliminate the DDoS threat to their environment through automatic attack detection and mitigation, coupled with complete network visibility, analytics and reporting. This industry leading technology provides cost effective, scalable protection capabilities against DDoS attacks in the most complex environments while enabling a more cost-effective economic model than previously available. For more information, visit www.corero.com.

Corero Media Contact

Sean Newman
Senior Director, Product Management
Corero Network Security
+44 7827813542
Sean.Newman@corero.com