Syphan Technologies Announced as Finalists in European IT Security Awards
8th February 2010, Skipton, North Yorkshire; Syphan Technologies, the YFM-funded, high speed network security start-up has been named as finalists in three categories for this year’s prestigious SC Europe Awards.
The SC Awards are highly contested and widely regarded as the pinnacle of achievement amongst leading IT security professionals, both in Europe as well as the other major regions of the world, normally being reserved for companies with a long history of market success. Formed in 2006, Syphan first launched its break-through technology in April last year and since then it has been attracting considerable worldwide attention on both sides of the Atlantic. Past winners of the awards including all the major global market leading names in the security industry.
The Syphan ITC220 has been voted in the top three technologies in each of the Best Network Security Solution, Best Integrated Network Security Solution and Best Secure Virtualisation solution categories by a panel of independent security experts. Developed entirely at the company’s Broughton Hall base near Skipton in Yorkshire, the ITC220 has been designed to protect the latest ultra-high speed networks from Internet-based attacks and malware at speeds much faster than anything currently on the market.
The technology has been described as "leap-frog" by a leading US-based security analyst and is being widely tipped as the catalyst for the introduction of a range of Internet-based security services that have not been commercially viable until now and are set to revolutionise the whole security sector.
Syphan, which recently opened a US base in San Francisco, currently employs a team of twelve specialist hardware and software engineers together with business development and administration staff in Skipton and also has links with a research team based at Bradford University. The plan is to quickly ramp this up over the next twelve months creating up to fifty jobs for people with advanced technical skills particularly in hardware design.
Syphan was initially supported through a nine-month research grant awarded by Yorkshire Forward and has since secured first-round investment from the Yorkshire and Humber Equity Fund (YHEF) and the Partnership Investment Finance fund (PIF).
The SC Awards winners will be announced at a ceremony in London’s Chelsea Harbour area on April 27th 2010.