[March 05, 2015]

Damballa Selected to Present at The Montgomery Summit

Damballa, the experts in advanced threat protection and containment, today announced that the company has been selected to present to an exclusive group of senior-level investors and top executives at The Montgomery Summit in Santa Monica, Calif. More than 4,000 entrepreneurs from private growth technology companies were nominated to present at the two-day conference scheduled for March 10 and 11, but only 145 were chosen by The Summit's selection committee of top venture capitalists from firms including Andreessen Horowitz, Kleiner Perkins Caufield Byers, New Enterprise Associates, Pritzker Group Venture Capital, Scale Venture Partners, Institutional Venture Partners and March Capital Partners.

"We saw so many extraordinary companies this year innovating across a broad spectrum of technologies," said James Montgomery, founder of The Montgomery Summit. "But those selected to present join an elite group. Many of our past presenting companies have gone on to raise capital and achieve great success, including Facebook (News - Alert), Splunk, Marketo, Lynda.com, Oculus VR, Dropbox and ExactTarget and hundreds of others."

"We are honored to be among those chosen to present at this year's Montgomery Summit," said David Scholtz, CEO of Damballa. "We look forward to sharing Damballa's proven success and unique proposition n the security space with this audience. On the strength of our automated breach defense platform, Damballa delivered record bookings and revenue in 2014, with new customer bookings contributing over 100% growth and a quadrupling of average deal sizes over the prior year."

The Montgomery Summit hosts more than 1,000 senior-level venture capital investors, entrepreneurs and corporate executives at the Fairmont Miramar Hotel & Bungalows in Santa Monica, Calif. In addition to presentations from top private growth company CEOs, the two-day event features industry leaders and top innovators in a series of interviews, talks and salons.

Summit speakers this year include: Patrick Soon-Shiong, NantWorks founder; Evan Spiegel, Snapchat founder and CEO; Andy Jassy, Amazon Web Services head; Fred Luddy, ServiceNow founder; and Bill Gross, Idealab Founder & CEO.

About The Montgomery Summit

The Montgomery Summit gathers a highly selective group of senior-level investors and top executives from private growth technology companies for two days of exciting events and presentations in Santa Monica, Calif. Previously known as The Montgomery Technology Conference, the Summit has for more than a decade provided unparalleled opportunities to meet a diverse blend of technological visionaries and innovators from all over the world. For more information, visit www.montgomerysummit.com.

About Damballa

As a leader in automated breach defense, Damballa delivers advanced threat protection and containment for active threats that bypass all security prevention layers. Born for breach defense, Damballa rapidly discovers infections with certainty, pinpointing the compromised devices that represent the highest risk to a business, and enabling prioritized response and refocusing of security experts to the areas of greatest risk to an enterprise. Our patented solutions leverage Big Data from one-third of the worlds Internet traffic, combined with machine learning, to automatically discover and terminate criminal activity, stop data theft, minimize business disruption, and reduce the time to response and remediation. Damballa protects any device or OS including PCs, Macs, Unix, iOS, Android (News - Alert), and embedded systems. Damballa protects more than 400 million endpoints globally at enterprises in every major market and for the world's largest ISP and telecommunications providers. For more information, visit www.damballa.com, or follow us on Twitter (News - Alert) @DamballaInc.

[ Back To TMCnet.com's Homepage ]