Google Buys Impermium

Impermium is a cyber security startup based company in Redwood City, California, which provides anti-spam and account protection services for internet web sites. Mark Risher, Vishwanath Ramarao, and Naveen Jamal, who met while managing the Anti-spam systems for Yahoo Mail, founded the company in 2010. The startup is a security firm that builds products for websites that deals with cyber security.

imperiumgoogle

Impermium had earlier received $9 Million in funding from a host of venture firms including Accel partners, AOL ventures, Charles River Ventures, and Highland Capital Partners. The company says it has 300,000 clients, including CNN, Tumblr, Pinterest, ESPN, Typepad, and Washington Post. This is Google third acquisition at the start of the year with previous deals including smart thermostat maker, Nest and developer of Timely Alarm Clock, Bitspin.

Google was last seen purchasing smart phone startup Nest for $3.2 Billion, the amount which Google had paying completely in cash. The company is best known for its products like Nest Learning Thermostat and Protect Smoke detector. Facebook had recently purchased its very first Indian Startup, Little Eye Labs. The company officially announced it had been taken over earlier this month. Little Eye Labs essentially creates tools to help mobile app developers to optimize their products performance. Whether for the technology or the talent the interest of big Internet giants in Indian startups is great news for the local startup community.

Comments

comments

Comments are closed.

Copyright © 2012 kkhare, All Rights Reserved Sitemap |Disclaimer

Designed by Web Directory. Thanks to Free Wordpress Themes