WAKEFIELD, Mass.--(BUSINESS WIRE)--Percipient Networks today named seasoned cyber-security executive Joel Silberman as Senior Vice President of Business Development and Strategy. In his new role, Silberman will focus on the commercialization of the company’s flagship product, Strongarm, a cloud-based threat intelligence solution based on technology developed at The MITRE Corporation.
Silberman is a globally respected network security business development professional with more than three decades of technical, strategic and product innovation experience. He most recently served as Vice President of Sales for the CloudShield product portfolio at LookingGlass Cyber Solutions Inc., where he created the partner strategy for the organization, built the initial channel program, and mentored members of the sales team. Silberman joined LookingGlass as part of their acquisition of CloudShield in early 2015.
Earlier in his career, Silberman held executive positions at Crossbeam Systems (acquired by Blue Coat), Optenet (acquired by Allot Communications), Raytheon, and Entegrity Solutions. Silberman’s success at these organizations was built on developing win-win customer relationships and driving sales gains for customers and partners.
At Percipient, Silberman will be developing the go-to-market strategy for Strongarm, an IT security solution that protects businesses from malware to safeguard their data and intellectual property. Strongarm is designed to be cost effective and easy to deploy so that even small- and mid-size businesses with more limited security resources can get the same level of protection as government and large enterprises.
“Strongarm identifies security threats and helps businesses figure out how to respond, fix, and recover from threats and breaches. I’m excited to help guide the company’s strategic vision for commercializing this technology, and look forward to showing the market what we have to offer,” said Silberman.
Strongarm is a DNS blackhole that intercepts and identifies malware communications on networks. By redirecting malicious “command and control” traffic to the blackhole, Strongarm is able to maintain a connection with the malware, allowing for automated identification and remediation, as well as the harvesting of threat intelligence in order to help improve a company’s understanding of the adversary. The solution prevents malware that may find its way into a network from extracting IP, impacting network performance, or doing harm to a company’s reputation and customers.
“We are pleased to welcome Joel to Percipient, which is well-positioned to offer mid-sized businesses a sophisticated and effective technology solution, as this market has been largely underserved by today’s cyber-security industry,” said John Serafini, Chief Executive Officer for Percipient, who also serves as Senior Vice President at its parent company, Allied Minds.
More information about Percipient Networks and Strongarm can be found at strongarm.io. Percipient Networks is a subsidiary of Boston-based Allied Minds (LSE: ALM).
About Percipient Networks
Percipient Networks develops threat intelligence and IT security solutions. The company’s flagship product, Strongarm, is a simple and automated IT security solution for fast-growing businesses. With Strongarm, businesses can effectively protect their data, including sensitive customer information and intellectual property, against IT security threats like malware without the need for enterprise-sized IT staff or security budgets. Based on technology researched and developed at The MITRE Corporation, Strongarm’s government-grade security intelligence helps businesses secure their networks and respond to threats fast by seamlessly integrating with existing systems. To learn more, visit strongarm.io.
About Allied Minds
Allied Minds is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.
Allied Minds Forward-Looking Statement
This press release contains statements that are or may be forward-looking statements, including statements that relate to the company’s future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risk and uncertainties described in the risk factors included in the company’s regulatory filings. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Prospectus Rules, the Listing Rules and the Disclosure and Transparency Rules, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.