With the rise of the Internet in the 1990s, most major corporations conducted a fair amount of business using this tool, but they did so without any security. While many would meticulously shred confidential documents, they didn’t think twice about sending confidential information over the Web unsecured.
Seeing this, Syed Ali founded Cavium Networks Inc. in November 2000 to develop programmable network security processors that didn’t compromise performance or communications security.
In 2001, despite the rough business environment following the dot-com bust, he secured his first round of funding and successfully raised capital throughout the following years. Ali also didn’t settle on his product. Once he had addressed the security issue, he turned his attention to the embedded processor market and brought out four separate product lines to address low-end to high-end applications. Then, in May 2007, Cavium completed its initial public offering on the NASDAQ.
Today, Cavium is one of the top-performing companies among the 2007 IPOs. It’s also the No. 1 vendor in the security processor segment. Cavium has traditionally used a common base of technology and added vertical market segment features to deliver strong value proposition. As this chairman, president and CEO looks toward the future, Ali hopes to continue this strategy to address other growing vertical segments in order to watch Cavium continue to grow.
HOW TO REACH: Cavium Networks Inc., (650) 623-7000 or www.caviumnetworks.com