 | |
| Company type | Subsidiary |
|---|---|
| Founded | 1997 |
| Headquarters | Block 300 [1] Portland, Oregon United States |
| Revenue | US$86.2 million (2010) [2] |
| $4 million (2010) [2] | |
| Owner | Fortra |
Number of employees |  400 (2013) |
| Website | tripwire.com |
Tripwire, Inc. is a software company based in Portland, Oregon, [3] that focuses on security and compliance automation. It is a subsidiary of technology company Fortra.
Tripwire's intrusion detection software was created in the 1990s by Purdue University graduate student Gene Kim [4] and his professor Gene Spafford. [5] [6] [7] [8] In 1997, Gene Kim co-founded Tripwire, Inc. with rights to the Tripwire name and technology, and produced a commercial version, Tripwire for Servers.
In 2000, Tripwire released Open Source Tripwire. [9] [10]
In 2005, the firm released Tripwire Enterprise, a product for configuration control by detecting, assessing, reporting and remediating file and configuration changes. In January 2010, it announced the release of Tripwire Log Center, a log and security information and event management (SIEM) software that stores, correlates and reports log and security event data.[ citation needed ] The two products can be integrated to enable correlation of change and event data. August 21, 2009, the firm acquired Activeworx technologies from CrossTec Corporation.
Revenues grew to $74 million in 2009. [11] In October 2009, the company had 261 employees; [12] that number grew to 336 by June 2010. [13]
By May–June 2010, the company had over 5,500 customers [13] and had announced that it had filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. [14] A year later, the company announced its sale to the private equity firm Thoma Bravo, ending its $86 million IPO plans. [15] CEO Jim Johnson cited the firm's failure to reach the $100 million revenue milestone in 2010 as well as changing IPO market expectations as reasons for not going through with the IPO. [16] The day following the acquisition, the company laid off about 50 of its 350 employees. [17]
Tripwire acquired nCircle, which focused on asset discovery and vulnerability management, in 2013. [18]
In December 2014, Belden announced plans to buy Tripwire for $710 million. [19] The acquisition was completed on January 2, 2015. [20] In February 2022, Belden announced to sell Tripwire to HelpSystems (HelpSystems was renamed Fortra later that year). [21]
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