Hackers hijacked Mt Gox CEO Mark Karpeles’ Reddit account and blog to post allegations that the bankrupt bitcoin exchange is holding onto hundreds of thousands of bitcoins reported as stolen last month.
Dublin: 10.03.2014 07.14PM
More than 2,000 companies around the world are using an email security technology developed by Galway-based SpamTitan Technologies.
Part of the company’s winning formula is its focus on developing innovative products adapted to virtualisation, the simultaneous running of several operating systems on a single desktop or server.
“Our 2008 year-end results were exceptionally strong, exceeding revenue goals, increasing sales by 140 per cent over 2007, and remaining profitable for the third straight year, we are looking at a higher rate of growth for 2009,” said Ronan Kavanagh, chief executive of SpamTitan.
“SpamTitan delivers comprehensive e-mail security solutions focused on meeting the demands of small and medium-sized businesses.’’
Number of clients
SpamTitan is a division of CopperFasten Technologies, which was founded in 1999 by the team that largely created the AltaVista Firewall, one of the first commercially available firewalls, for Compaq/HP. The firm has clients in more than 100 countries, ranging from companies with a staff of 20, to internet service providers (ISPs) with several hundred thousand users. The SpamTitan product was launched in 2006.
“CopperFasten provides internet security solutions for the B2B market, and SpamTitan is a software gateway appliance protecting an organisation’s e-mail from malware, viruses and spam,” said Kavanagh.
‘‘It is delivered as a software image that can be stored on a customer’s hardware or as a certified VMware virtual appliance. SpamTitan is one of 10 companies globally to have achieved the VMware Ready certificate, as well as having been awarded several industry accolades.’’
Customers include GMIT, WHB, DCU, DIT, WebIndia, the Department of Health, New Jersey State Parole Board, Nagaoka University of Technology in Japan, and ISS Group in Perth.
SpamTitan works closely with an extensive global partner channel to further strengthen its phenomenal growth. "We are in the process of signing up a Chinese distributor to allow us access to the considerable Chinese market," says Kavanagh.
One of the major challenges for companies operating in Ireland, according to Kavanagh, is access to funding.
“We are lucky not to require funding for day-to-day expenditure, but access to investment is certainly tighter.”
He said employment incentives for small firms would help boost competitiveness. “Companies like ours have work to offer but are constrained by resources,” Kavanagh said. “If there were incentives to encourage and aid us to employ more staff, we could see people removed from social welfare and returned to employment.”
SpamTitan’s focus for the immediate future is on the release of a new product scheduled for the first week of November, this is a web-filtering solution to complement the e-mail gateway. “We will see this add significantly to revenues into the future,” says Kavanagh.
By John Kennedy
Photo: An email security technology developed by Galway-based SpamTitan Technologies is being used by more than 2,000 companies worldwide.