Company type | Publicly traded |
---|---|
Industry | security solutions for internet commerce |
Founded | 1993 |
Headquarters | |
Revenue | US $57.5M (2007) |
Tumbleweed Communications Corp. provided secure messaging and secure file transfer solutions for enterprise and government customers. [1] The company became a publicly traded company in 1999, trading on the NASDAQ stock exchange under the symbol TMWD. [2] Tumbleweed Communications merged with Axway, a subsidiary of Sopra Group, in 2008. [3]
Tumbleweed products were used to block security threats, protect information, and conduct business online. Tumbleweed provided solutions for inbound and outbound email protection, secure file routing, and identity validation that allow organizations to conduct business over the Internet. Tumbleweed offered these solutions in three product suites: MailGate, SecureTransport, and Validation Authority. MailGate provides protection against spam, viruses, and attacks, and enables policy-based message filtering, encryption, and routing. SecureTransport enables customers to safely exchange large files and transactions without proprietary software. Validation Authority determines the validity of digital certificates.
Tumbleweed had approximately 2,300 enterprise and government customers. Their market focus had been in the financial services, health care, and government.
In 2005, Tumbleweed earned approximately $US 50 million in gross revenue from the sale of their products and services. Of that, approximately $US 3 million was from licensing their patents. [7]
In 2006, Tumbleweed reported $US 62 million in revenue, with revenue growth over one year of 24%. [8] In 2007, Tumbleweed reported $US 57.50 million in revenue, with revenue growth over one year of -7.30%. [8]
In January 2007, Tumbleweed's MailGate 5550 was named SC Magazine ’s Best of 2006 "Recommended" award in the Anti-Spam category. [9]
Tumbleweed has a patent portfolio including 22 utility patents [10] and one issued US design patent.
US patent 6192407 is one of several owned by Tumbleweed that relates to document delivery systems that generate a unique URL for intended recipients of a document in order to deliver that document. Tumbleweed has licensed this and related patents in their patent portfolio to 29 companies. [11] They filed several patent infringement lawsuits. Those that have been sued include:
Overall, Tumbleweed earns about 6% of its revenue from patent licensing.
Major competitors of Tumbleweed included: [16]
Representative customers of Tumbleweed included: [17] [ unreliable source? ]
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