In April 1998, the company released the CacheFlow 100. In October 1999, the CacheOS operating system was released. It cached website objects that users were likely to use repeatedly, to increase load speed. In January 1998, the company released its first product, the CacheFlow 1000. In 1997, the company moved its headquarters to Silicon Valley. Venture Partners acquired 17% of the company for $6 million. By February 1997, the company had raised $5.1 million. In October 1996, Benchmark Capital purchased 25% of the company for $2.8 million, equivalent to a price of 87.5 cents per share. The company's goal was to develop appliances that would increase website speed by storing frequently accessed web data in the cache. The company initially raised $1 million in seed money from a dozen angel investors. in Redmond, Washington by Michael Malcolm, a computer scientist and professor at the University of Waterloo, Joe Pruskowski, and Doug Crow. In March 1996, the company was founded as CacheFlow, Inc. The company's products were initially sold to internet service providers, but later products were intended for large companies. It also produced consumer products, such as parental control software. The company had "a broad security portfolio including hardware, software and services." The company was best known for web gateway appliances that scan internet traffic for security threats, authenticate users and manage encrypted traffic, as well as products to monitor and filter employee internet activity. The company was known as CacheFlow until 2002. In 2019 was, as part of Symantec Enterprise division, sold to Broadcom. In 2016, it was acquired by and folded into Symantec. Blue Coat Systems, Inc., was a company that provided hardware, software, and services designed for cybersecurity and network management.
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