Aug 2, 2017

July 19, 2005 01:57 PM Eastern Daylight Time WASHINGTON--( BUSINESS WIRE )--July 19, 2005--Intelli7, Inc., the pioneer in the application of rich network traffic analysis to better manage and secure networks, announced the completion of a $2.1 million round of financing. The round was led by Novak Biddle Venture Partners, raising their total investment in the company to $3.6 million. "We appreciate the strong financial and strategic support we have received from Novak Biddle. This funding will be used to accelerate our product development and launch our sales and marketing efforts," commented Phillip Zakas, CEO and Founder of Intelli7. "Intelli7 has developed a fundamentally new approach to securing and managing networks," said Andrea Kaufman, partner at Novak Biddle Venture Partners. "IT is being called upon to do more with less. The market is demanding less complex, but more thorough security. Intelli7 is well positioned to address both of these needs." About Intelli7, Inc. Intelli7 is the pioneer of rich packet payload-based network traffic analysis. Traffic analysis-based security systems block more threats than signature-based systems because of the accuracy and speed of the handshake identification format they employ. Enterprise and government customers use Intelli7 products to prevent the exploitation of network vulnerabilities and prevent the compromise of sensitive information, without effecting the speed or the availability of their networks. Intelli7's products are easily managed by network administrators, and their accuracy ensures a dramatically lower security management burden relative to existing firewall and intrusion prevention systems. Founded in 2004, Intelli7 is located in Washington, DC. For more information visit the company's web site at www.intelli7.com . About Novak Biddle Venture Partners Novak Biddle Venture Partners was established in 1997 to provide equity financing and assistance to the management of young information technology companies. NBVP is backed by a number of the country's most prestigious limited partners, and has over $350 million under management.