New Funding Supports RedCreek's Rapid Growth In Network Security Markets
Published:
3 May 2000 y., Wednesday
The new relationship with Redleaf will allow RedCreek to quickly respond to the growing customer base of the popular Ravlin product family and expand it's product line into the enterprise network market. Established in 1996, RedCreek has maintained its singular vision of providing best-of-breed, private network solutions that enable private business communications. With an installed base of over 600 customers, RedCreek manufactures and sells the most comprehensive suite of network security solutions on the market today - supporting all types of organizations - from home offices to multi-national corporations. RedCreek's award-winning family of Ravlin(TM) products provides the industry's easiest to use process of ensuring the privacy of communications over any network, public or private. John Kohler, co-CEO and Managing Director of Redleaf's Pacific Operations and RedCreek's new Board Chairman, stated "Redleaf is focused on building a portfolio of significant B2B companies that enable organizations to become more competitive e-businesses. Not only will RedCreek be of paramount importance in providing the private business communications platform for our portfolio of companies, but we also believe that this investment will fund RedCreek's explosive growth in the near term." RedCreek plans to use the funds for sales and channel expansion, to develop additional products and service offerings, and for marketing activities that support overall business goals.
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