Tufin Software Technologies Ltd. — the supplier of software solutions in the field of information security support of network infrastructure. The country of origin is Israel.
History
2019: The IPO at the New York Stock Exchange
The Tufin Software Technologies company, software supplier in the field of cyber security, carried out initial public offering (IPO) at the New York Stock Exchange. Market capitalization of the company according to the results of the first day of biddings exceeded $600 million, reported TAdviser in Sberbank on April 15, 2019.
According to the statement of representatives of Fort Ross Ventures (enters an ecosystem of Sberbank), the IPO of Tufin company became the first important event of liquidity of portfolio company of SBT Venture Fund I L.P venture fund. The venture fund under control of Fort Ross Ventures acted as one of early investors of Tufin. Taking into account public assessment of the company for April 15, 2019 profitability of fund from the moment of investment in an annual equivalent made about 45% per annum in US dollars.
 | We invested in Tufin not only as in commercially successful project, but also for the purpose of development of a safe digital medium as in Sberbank, and worldwide. The product developed by a pilot Israeli command seemed us an interesting opportunity which completely answers these purpose. Interaction with bank as with the strategic partner allows us to invest together with the international venture funds in world startups and to open for them possibilities of the Russian market. This first IPO in a portfolio of funds under control of Fort Ross Ventures — Victor Orlovsky, the managing partner of Fort Ross Ventures reported. |  |
| | Questions of information security support and safety of bank processes are among key priorities of Sberbank. We watch closely all leading developments in this area. Tufin — one of our partners, we are glad to progress of this company and we are going to develop our cooperation and further — Lev Hasis, the First Deputy Chairman of the board of Sberbank commented on an event. | |
2017
In June, 2017 the company announced opening of office in Boston, the State of Massachusetts.
2013
In 2013 the Tufin company received the first investments.
2005
It is founded in 2005 by leading experts on firewalls and business systems. The headquarters is located to Tel Aviv, Israel.
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