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'Sandboxing' leader FireEye seen moving toward an IPO

Ellen Messmer | March 7, 2013
Though still privately held, FireEye is getting plenty of attention right now because of its anti-malware sandboxing technology and the fact that its growing commercial success might mean that it is possibly going public later this year.

FireEye also shares its malware findings with some partners, including Mandiant. Lanstein adds that while FireEye has been open to working on technology alliances of varying types with antivirus vendors, so far this hasn't gotten too far.

FireEye says it now has what's roughly a $100 million business with about 525 employees serving more than 800 enterprise and government customers. Its competitors can be seen to include stand-alone and cloud-based sandboxing systems from AhnLab, Damballa, GFI, Norman Palo Alto, Sourcefire and, in the future, McAfee, which says its sandboxing tools, like FireEye's, will be used on-premises.

 

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