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BullGuard Ready to Expand

  • 10 December, 2008 09:21

<p>Australia, 10 December 2008 - BullGuard, specialists in user-friendly PC and mobile security solutions for consumers and small office users, has received an investment of over US$5 million from DFJ ePlanet Ventures - the renowned investment company behind success stories including Skype and Baidu.</p>
<p>“Having shown significant year-on-year revenue growth since the company was founded in 2002, BullGuard has a very solid foundation for business expansion,” said Dennis Atkinson, Managing Director of DFJ ePlanet Ventures.</p>
<p>“We have tremendous confidence in the management team and, with our investment, we want to accelerate BullGuard’s growth in 2009. Recent forecasts show that the PC consumer segment will continue to grow in the years to come, which means there will be plenty of opportunities for a consumer focused brand like BullGuard.”</p>
<p>George Tennet, BullGuard CEO, added, “Securing this investment will help us expand into our next target market – Germany. We will also use the funds to further strengthen our position in our existing core markets – Australia, New Zealand, the UK, Ireland, Nordics and Benelux.”</p>
<p>“Support and commitment to the channel is a key element in the BullGuard business strategy. This includes providing all our partners – such as newly signed Synnex New Zealand – with all the requisite resources and expertise to create shared success.”</p>
<p>The news comes on the back of two recent successful product launches for BullGuard. In September, the company launched BullGuard Gamers’ Edition, the world’s most advanced security suite for gamers, as well as BullGuard Internet Security 8.5, the latest edition of the company’s flagship product.</p>
<p>- Ends -</p>
<p>About BullGuard</p>
<p>BullGuard specialises in PC &amp; mobile security solutions for home-users and small-businesses, emphasising technical excellence, ease-of-use and customer-care.</p>
<p>BullGuard is committed to providing simple, cost-effective, integrated security solutions that provide users with first-class protection from viruses and other intruders. BullGuard is headquartered in the United Kingdom and has offices in Denmark, Romania, Belgium and Australia.</p>

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