SOURCE: Bivio Networks

Bivio Networks

March 14, 2011 15:00 ET

Bivio Networks Named to Wall Street Journal's "Next Big Thing" List

Company Named Among the Top 50 Most Promising Venture-Backed Companies

PLEASANTON, CA--(Marketwire - March 14, 2011) - Bivio Networks, a leading provider of network systems for securing, monitoring and controlling critical network infrastructures, has been named to The Wall Street Journal's The Next Big Thing list, which seeks to identify and rank venture-backed companies across all industries that have the capital, executive experience and investor know-how to succeed. Bivio Networks, ranked number 47, was selected from a pool of more than 5,000 companies and ranked by proprietary data from Dow Jones VentureSource with input from Dow Jones VentureWire's reporters and editors.

"Venture capitalists are always looking for companies with a new idea that will prove powerful enough to explode into the marketplace," said Alan Murray, deputy managing editor of The Wall Street Journal. "The Next Big Thing highlights companies that we believe are worth watching and have a chance to make waves in their industry."

Founded in 2000, Bivio Networks provides network security and cyber intelligence solutions that enable government agencies, service providers (SPs) and carriers to proactively control, monitor and secure critical network infrastructure in real-time. Headquartered in the San Francisco Bay Area, the company has a presence in the Asian Pacific and Europe markets to address global demand for next generation network appliance platforms.

The Next Big Thing is an annual ranking published by The Wall Street Journal. To be eligible for the ranking, a company must be based in the U.S., have raised an equity round of financing in the three years ended Nov. 30, 2010 and have a valuation of $1 billion or less. The ranking was calculated by applying a set of four financial criteria: the track records of success for both a company's founders and management; track records for the investors on its board; the amount of capital raised in the last three years; and the percentage change in a company's valuation in the last year. Dow Jones VentureWire reporters and editors also provided their perspective and expertise beyond the numbers.

"It is a great honor to be named among such a select group of privately-held companies. This accolade speaks to our unwavering commitment to providing leading cybersecurity and network systems for government organizations and service providers world-wide," said Dr. Elan Amir, president and CEO of Bivio Networks. "Our success can be greatly credited to a number of factors, including the ongoing commitment of Bivio's investors, the company's flourishing government business, and the global development of Bivio products and services."

To view The Next Big Thing ranking, visit: http://online.wsj.com/article/SB10001424052748703300904576178673309577828.html

About Dow Jones

Dow Jones & Company is a global provider of news and business information and a developer of technology to deliver content to consumers and organizations across multiple platforms. Dow Jones produces newspapers, newswires, Web sites, apps, newsletters, magazines, proprietary databases, conferences, radio and video. Its premier brands include The Wall Street Journal, Dow Jones Newswires, Factiva, Barron's, MarketWatch, SmartMoney and All Things D. Its information services combine technology with news and data to support business decision-making. The company pioneered the first successful paid online news site and its industry leading innovation enables it to serve customers wherever they may be, via the Web, mobile devices and tablets. The Dow Jones Local Media Group publishes community newspapers, Web sites and other products in six U.S. states. Dow Jones & Company (www.dowjones.com) is a news corporation company (NASDAQ: NWS) (NASDAQ: NWSA) (ASX: NWS) (ASX: NWSLV) (www.newscorp.com).

About Bivio Networks
Bivio Networks is a leading provider of network systems for securing, monitoring and controlling critical network infrastructure. Bivio's global customer base includes worldwide government agencies and service providers. Its product suite enables its customers and partners, which include application developers and systems integrators, to develop and deploy leading solutions to secure, monitor and control customer networks. Bivio is privately held and headquartered in the San Francisco Bay area with office locations worldwide. More information is available at www.bivio.net.

Contact Information

  • Contacts:

    Tanya Petrov
    Bivio Networks
    + 925 924 8642
    Email Contact

    Lauren Christian
    Sage Communications
    + 703 584 7250
    Email Contact