Finjan

Finjan Holdings (Finjan) is a publicly traded company on NASDAQ (FNJN) which owns the patented technology used in many enterprise web security solutions, including real-time and behavior-based malware prevention. The original hardware and software divisions of Finjan were acquired by M86 Security in 2009. Finjan continues to hold patents for various Web security technologies and licenses these patents to Trustwave (formerly M86) among others. Finjan's commitment to innovation in the security space continues through its investments which have culminated in the recent launch of Finjan's consulting services business, CybeRisk development of mobile applications for the consumer through its subsidiary Finjan Mobile and incubation of up-and-coming technology startups pioneering a new generation of security technologies through the company's investment in Jerusalem Venture Partners (JVP) Fund VII's Cyber Labs, having invested alongside companies like Cisco and other technology companies. The company is headquartered in Palo Alto, California.

Finjan was founded in 1997 by Shlomo Touboul, a serial entrepreneur who founded his first company, Shani Computers, in 1985 and sold it to Intel in 1994. He then worked for Intel for a while, before starting Finjan. In 1998 Touboul decided to bring in an experienced seasoned CEO, who would be able to develop and grow the company more quickly, he then left to start his own venture capital fund.

In 2001, the company ran into financial difficulties and Touboul was asked by the board of directors to rejoin the company as CEO. Touboul realigned the company's strategy, moving away from developing only software solutions to combined hardware and software security appliances; additionally, the company moved to a channel sales model. In December 2002 Finjan acquired the assets of Alchemedia, a software developer with a DRM product called Clever Content, and several DRM patents; Alchemedia also had ties to Israel, as its founder Daniel Schreiber was Israeli, though the company was technically headquartered in the Dallas area. In 2005, following disagreements with the board, Touboul left again and started a new company Yoggie Security Systems.

In October 2007 Eric Benhamou, former CEO and chairman of 3COM, was appointed as chairman of Finjan. He also invested in the company through his venture capital fund - Benhamou Global Ventures.

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