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June 7, 2011 11:14 pm GMT

Foundry Group Invests In Postini Founder's New Browser Security Startup, Authentic8

The Foundry Group's Ryan McIntyre (who was a board member of Postini) just announced the venture firm's investment in browser security startup Authentic8, which is the brainchild of Postini founder Scott Petry and Ramesh Rajagopal (Postini's VP Corporate Development). Postini offered businesses message security, archiving, encryption, and policy enforcement tools which can be used to protect a company's email, instant messaging, and other web-based communications platforms. The company was eventually acquired by Google in 2007 for $625 million. As McIntyre writes, Authentic8 is "a direct descendant of the Postini DNA." While Positini tackled email security, Authentic8 addresses security in the browser. The startup has created a secure browser called the Disposable Browser (currently based on the Firefox codebase), which runs remotely on a virtual server in the cloud.

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