Corero Announces $2.0 million investment from Juniper Networks

Corero Network Security (LSE: CNS), a leading provider of real-time, high-performance, automated DDoS defense solutions, today announced that it has secured a $2.0 million (£1.5 million) equity investment from Juniper Networks, an industry leader in automated, scalable and secure networks.

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Corero receives $2 million investment from Juniper Networks following the multi-year global resale partnership with Juniper to resell and support Corero's SmartWall DDoS protection software products and services.

The Investment follows the Company’s recent announcement regarding a multi-year global resale partnership with Juniper to resell and support Corero's SmartWall software products and services. Juniper provides the routing infrastructure for some of the world’s largest IP networks and cloud datacenters.

Ashley Stephenson, Corero CEO, said:

“We welcome this investment from a global corporation of Juniper Network’s reputation and scale, in addition to our previously announced global resale partnership. We feel this represents a further endorsement of our vision for SmartWall products as a critical component in securing IT networks from DDoS attacks. We look forward to working closely with Juniper to capitalize on our partnership and jointly pursuing the market opportunity for DDoS protection via its global sales force and channel.”

The Juniper resale partnership was showcased at the Juniper Networks’ annual customer and partner summit, NXTWORK 2018, in Las Vegas.

Further information can be accessed via the Company’s web site www.corero.com.

About Corero Network Security

Corero Network Security is a leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and digital enterprises rely on Corero’s award winning technology to eliminate the DDoS threat to their environment through automatic attack detection and mitigation, coupled with complete network visibility, analytics and reporting. This industry leading technology provides cost effective, scalable protection capabilities against DDoS attacks in the most complex environments while enabling a more cost effective economic model than previously available. For more information, visit www.corero.com.

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Corero Media ContactsElizabeth Nikolova (UK) /Eskenzi PR (for Corero Networks) [phone] [e-mail] Steuart (US)+1 978 473 [e-mail]