Internet Security Systems, Inc., often known simply as ISS or ISSX (after its former NASDAQ ticker symbol), was a provider of security software and managed security services. It provided software and services for computers, servers, networks, and remote locations that involve preemptive security against threats before they affect a business. Founded in 1994, the company was acquired by IBM in 2006. In 1992, while attending the Georgia Institute of Technology, Christopher Klaus developed the first version of Internet Security Scanner. In 1994, Klaus founded Internet Security Systems (ISS) to further develop and market Internet Security Scanner, which later became Internet Scanner. Although the larger shareholder, Klaus took the role of chief technology officer (CTO), while Tom Noonan was recruited as chief executive officer in 1995. In 1996 David Strohm from Greylock Ventures and Bob Davoli, from Sigma Partners, led the first round of venture capital investment in ISS. In 1997, Ted Schlein from Kleiner Perkins and ATT Ventures invested in the next round. The initial public offering of the company on NASDAQ was on March 23, 1998. More information...
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