Websense, founded in 1994, went public in 2000. For the third quarter 2006, posted in September, it showed $46 million in revenue, 20 percent more year on year. The company claims 24,000 customers, including Bosch Siemens, Canon, Habitat for Humanity, and a range of healthcare service providers. Its technology partners include Cisco, Dell, F5, HP, Microsoft, NetApp, and Sun. The firm also has developed a content filtering product for wireless Internet users in cooperation with Nortel and other third parties, which it plans to release as a product in 2007.
Based in San Diego, Websense has 650 employees. CEO Gene Hodges will continue to lead the company, post-merger.
PortAuthority was originally named Vidius and scored a total of $41 million in funding from four main investors: Greylock, Lexington Ventures, NEA, and Sequoia. It claims about 70 customers, including Bank of the Sierra and the UN Federal Credit Union. (See UNFCU Picks PortAuthority.)
PortAuthority has about 60 employees, 40 of which are based at an R&D center in Israel, the rest working in Palo Alto, Calif. Websense plans to retain "as much talent as possible," Purdy says and will keep all PortAuthority locations open.
PortAuthority CEO Pete Foley, as well as those of the rest of the firm's management, won't announce their plans until after the merger closes.
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