HP Acquires Atlanta Security Firm SPI Dynamics
HP announced this week they are acquiring SPI Dynamics. SPI Dynamics launched their first product, WebInspect, a security scanner in April 2001. They raised a Series A round in early 2002, led by Southesatern Technology Fund out of Huntsville. Other investors in the Series A included local firm Gray Ventures, C&B Capital and Jemison Investment Company.
No terms of the deal were announced. Maybe someone who knows can email me and I will update this?
Atlanta certainly has a proclivity for Internet security companies. This deal further reinforces that. Congratulations to Brian Cohen, Caleb Sim and the rest of the SPI team.
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2 Responses to “HP Acquires Atlanta Security Firm SPI Dynamics”
Knox Massey
June 21st, 2007
Caleb Sima not Sim 
Caleb Sima
June 22nd, 2007
$90M (It’s been in the press.)