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company_name = Fortinet |
company_name = Fortinet |
company_logo = [[Image:Fortinet_Logo.jpg]] |
company_logo = [[Image:Fortinet_Logo.jpg]] |
company_type = [[NASDAQ:FTNT]] |
company_type = NASDAQ: FTNT [http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FTNT&selected=FTNT] |
company_slogan = First for Integrated Security |
company_slogan = First for Integrated Security |
foundation = 2000 |
foundation = 2000 |

Revision as of 19:07, 18 November 2009

Fortinet
Company typeNASDAQ: FTNT [1]
IndustryNetwork security & Computer security
Founded2000
HeadquartersSunnyvale, California + over 25 Fortinet offices worldwide
Key people
Founder and CEO: Ken Xie
Founder and CTO: Michael Xie
CFO: Ken Goldman
ProductsUnified threat management (UTM), Firewalls, Antivirus, Intrusion-prevention system, Antispyware, Antispam, VPN, Virtualization, Web filtering, Content-control software -- all with Common Criteria EAL4+ certification, 7 ICSA security certifications, NSS certified (UTM)
Number of employees
1,000+ (Q1 2008)
Websitewww.fortinet.com

Fortinet is headquartered in Sunnyvale, California and specializes in network security appliances. Fortinet’s flagship product line is sold under the brand name of FortiGate.

Corporate Overview

Fortinet was founded in 2000 by Ken Xie, the founder and former president and CEO of NetScreen (later sold to Juniper for more than $3.5 billion) and is led by a management team with experience in the networking and security arenas. Fortinet is a privately-held network security company.

The company is headquartered in Sunnyvale, California, with customer support, development and sales facilities throughout North America, Europe and Asia. Fortinet sells its systems and subscription service products through a network of 1,500 channel partners worldwide. Fortinet also has relationships with manufacturers, consulting firms, service providers and integrators, such as Alcatel-Lucent, HP ProCurve, ArcSight, Citrix Systems, Unisys, Orange Business Services, Riverbed, AlterPoint and LogLogic.

Funding

Fortinet has raised $100 million in five rounds of venture capital investment from Acorn Campus, DEFTA Partners, DCM-Doll Capital Management, Fortunetech Partners, LLC., Forval Creative Inc., Meritech Capital Partners and Redpoint Ventures.

Fortinet is publicly traded on Nasdaq under the symbol FTNT as of Nov. 18, 2009.

Controversies

According to the OpenNet Initiative [2], FortiGuard is used by the dictatorship of Myanmar to block communications critical of the regime carried over the Internet, a system known as the Myanmar Wide Web [3]. Fortinet has promised to investigate the allegations, and the implied violation of US Government sanctions against the regime, noting that the software may have been sold to the regime by a third party [4]; meanwhile, the Myanmar government features its adoption of the Fortinet firewall on its official website [5] with other photos showing a Fortinet sales director presenting a gift to the Myanmar Prime Minister during a ceremony [6]. In 2005, after becoming aware that its product may have reached Myanmar, Fortinet conducted an exhaustive review of channel partners and their compliance with import/export controls. The company implemented additional back-end controls which now render a product useless if it is diverted without appropriate authorizations to a party located in a U.S. sanctioned country [7].

In 2005, the gpl-violations.org project uncovered evidence that Fortinet had used GPL code in its products against the terms of the license, and used cryptographic tools to conceal the violation. The violation was alleged to have occurred in the FortiOS system, which the gpl-violations.org project said contained elements of the linux kernel. In response, a Munich court granted a temporary injunction against the company, preventing it from selling products until they were in compliance with the necessary license terms [8]; Fortinet was forced to make their FortiOS available free in compliance with GPL licensing [9].Also in 2005 Fortinet was found guilty of Patent infringement against Trend Micro regarding AntiVirus code [10]. Fortinet later settled out of court [11].