Series A was completed in the fall of 2008. The round was led by Ray Rothrock, Managing General Partner, of Venrock and Steve Coffey, President & Managing Director, of Hunt Ventures.
Competitors
Symantec, McAfee
Product Description
BOUNCER flips the antivirus model by enforcing a whitelist of good applications rather than relying on a malware blacklist. Since every user customizes their computer with the applications they need, BOUNCER automatically creates a perfect whitelist for each computer and then transparently adds to it when new applications are installed or updated. By only allowing approved applications to execute, BOUNCER stops malware, even unknown threats. The result is a simultaneous increase in performance and security.
Market Opportunity
Gartner forecasts the yearly revenue for the worldwide antivirus market to grow from $4.4 billion in 2006 to $5.8 billion in 2010, and notes that changing threats are driving a long-term technology shift away from complete reliance on signature-based antivirus defenses to more proactive defenses.
DEMO Says
Anti-virus software has needed re-thinking for some time now but it wasn’t until we met CoreTrace that the light bulb clicked on — “So that’s how you do it!” The company’s Bouncer approaches digital threats from a new angle, focusing on a whitelist rather than a blacklist. Instead of attempting to monitor all the evil in the world, Bouncer keeps track of only the applications that should be running on a machine. Others simply aren’t allowed to run. It’s a fresh approach in a sector that desperately needs such.