NeoAccel, a pioneering innovator of next-generation Internet security solutions, announced that Silicon Valley leaders, including Sabeer Bhatia (founder of Hotmail) and Prabhu Goel (Silicon Valley investor and inventor of the Verilog hardware description language), along with NTT Leasing, a venture investment organization of NTT, have made strategic investments in the company. The investments will enable NeoAccel to accelerate broad market adoption of its SSL VPN-Plus™ as the only network security software platform to overcome the fundamental technology flaw in conventional SSL VPNs that hampers widespread enterprise adoption.
NeoAccel´s Chairman and CEO Michel Susai is the founder and former chairman and CEO of NetScaler (now Citrix Systems), where he invented Request Switching, a fundamental Internet acceleration technology that up to 75 percent of Internet users go through each day to visit the world´s highest-traffic websites, such as Google, MSN, Ticketmaster and MLB.com. NetScaler was acquired in 2005 by Citrix Systems for more than U.S.$300 million.
“Silicon Valley technology leadership is based on the vision of innovators such as Michel Susai, who foresee a future that is unencumbered by the limitations of today,” said Prabhu Goel. “The investment in NeoAccel stems from Michel´s vision that NeoAccel can deliver the performance and scalability that will enable SSL VPNs to become the de facto technology for virtual private networking. The company´s SSL VPN-Plus can become the first full-function replacement for conventional IPSec VPNs.”
Unlike conventional SSL VPNs, NeoAccel´s SSL VPN-Plus can be deployed to provide high-performance access to all IP-based applications, including Citrix, database, legacy and other non-Webified enterprise applications. Because of its patent-pending advantage, NeoAccel becomes the first SSL VPN supplier to provide a viable replacement to IPSec VPNs in a market that industry analyst Yankee Group forecasts to grow by a factor of 9x over the next four years.
“Until now, SSL VPN vendors, remote access solution providers, and enterprise end users have been forced to live with the performance problems inherent in first- and second-generation SSL VPNs,” said Michel Susai, Chairman and CEO of NeoAccel. “NeoAccel understands the fundamental technology flaw in conventional SSL VPNs. Our approach to providing a network security solution with ASIC-class performance provides the cure. Now, with the help of the financial backing from a cadre of leading investors along with the proof point of extensive deployment of our SSL VPN-Plus, the time is right to show the world that NeoAccel offers a full-function alternative to conventional IPSec VPNs.”
NeoAccel´s SSL VPN-Plus software appliance is based on the company´s patent-pending Intelligent Connection Acceleration Architecture™ (ICAA™) technology. NeoAccel´s SSL VPN-Plus is particularly well suited for high-demand enterprise deployments that are known to choke the performance of conventional SSL VPNs due to what is known as TCP-over-TCP meltdown. Problematic environments for conventional SSL VPNs include wireless LANs and secure access networks that are prone to peak-period congestion. Customer tests of NeoAccel´s SSL VPN-Plus show that NeoAccel achieves from 6x to 30x better performance than conventional SSL VPNs.
“Although a relatively late entry, NeoAccel is seeking to make up time by capitalizing on a significant fundamental technology flaw with existing SSL VPN products,” said Michael Suby, Senior Research Analyst for Stratecast Partners, a Division of Frost & Sullivan. “That technology flaw is apparent in SSL VPN full access methods, resulting in what is known as TCP-over-TCP meltdown in transport networks where congestion is unchecked such as wireless LANs or where packet loss is common across the Internet. NeoAccel´s remedy to these problems is with two NeoAccel-designed technologies that eliminate TCP-over-TCP meltdown and eliminate 70 percent of context switching overhead.”