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Clavister grows with government research funding

[2007-06-15]

Clavister AB, a leading provider of IP-based security and Unified Threat Management (UTM) solutions, has received 1.1 million Swedish kronor from Vinnova, a government body that reports to the Industry Ministry. The grant, awarded within the framework of the "Research and Grow" program is designed to support Clavister's research into security solutions for the high traffic volume networks of telecom operators.


"The fact that Vinnova is investing in us shows that the government places great importance on the research we are undertaking" says Peter Johansson, Clavister's CEO.

Within the framework of Vinnova's Research and Grow program, a company can seek research project financing. The company can itself jointly finance a Research and Grow project with at least a similar amount of finance. In this financing round, 39 companies shared 50.5 million kronor of funding.

About Vinnova
Vinnova is a government body reporting to the Industry Ministry and which contributes to raising national growth and prosperity. Its area of responsibility is innovation linked to research - that is to say newly created, successful products, services or processes with a scientific basis. Its task is to finance the needs-based research which a competitive industry and a prosperous society need, as well as to strengthen the network which is needed to support that work. Vinnova has a yearly budget of 1.7 billion kronor at its disposal.

For more information about Research and Grow, visit www.vinnova.se/Verksamhet/Forskning-och-innovation-i-foretag/ForskaVax

About Clavister
Clavister - a Swedish privately owned company developing IT security products, including its award-winning Clavister Security Services Platform (SSP&trade:). This service-oriented framework enables organizations to monitor network traffic, protecting critical business assets and blocking undesirable surfing. It will also protect you against intrusion, viruses, worms, Trojans, and overload attacks. It requires minimal servicing, with central administration, and has exceptionally flexible configuration possibilities. Its seamless scalability makes it easy to provision the perfect solution for any customer; be it small organizations, large Internet Service Providers, Managed Security Service Providers, or multimedia-ready telecom operators.

Clavister was founded 1997 in Sweden, with R&D and headquarters based in Örnsköldsvik and Sales and Marketing based in Stockholm. Its solutions are marketed and sold through International sales offices, distributors, and resellers throughout EMEA and Asia. Clavister also offers its technology to OEM manufacturers.


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 Published: 2008-01-24 16:05:49 (GMT +01:00)
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