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Prolexic Technologies
Fintech · Los Angeles, United States · Founded 2003
Distributed denial of service (DDoS) mitigation service provider MoreLess
Prolexic Technologies, now a subsidiary of Akamai Technologies, was established in 2003 by Barrett Lyon. The company carved a niche in the cybersecurity market by offering robust solutions to protect websites, data centers, and enterprise IP applications from Distributed Denial of Service (DDoS) attacks. Lyon's journey into DDoS mitigation began while he was in college, working for a small network security firm. Recognizing a specific need to defend against these disruptive attacks, particularly for online casinos facing extortion threats, he founded Prolexic. His early success in bringing a cybercriminal to justice helped the company gain publicity and expand its client base beyond the gambling industry.
The firm's business model centers on a cloud-based DDoS mitigation platform. This service operates by redirecting a client's internet traffic through Prolexic's global network of scrubbing centers. These centers analyze the traffic, filter out malicious data packets characteristic of a DDoS attack, and allow only legitimate traffic to reach the client's servers. This service is available in both always-on and on-demand models, providing flexibility for different security needs. Prolexic serves a wide array of industries that are at high risk for cyberattacks, including financial services, e-commerce, gaming, government agencies, and Software as a Service (SaaS) providers. Some of the world's largest banks have been cited as clients.
Prolexic's core offering is its comprehensive DDoS protection service, which defends against attacks at the network, transport, and application layers. This is managed by a 24/7 Security Operations Control Center (SOCC) that provides real-time monitoring and mitigation. A key feature is the global network of high-capacity scrubbing centers, which can absorb large and complex attacks, aiming to restore a client's critical online infrastructure within minutes. The service is designed to be carrier-agnostic and supports various integration methods. In February 2014, Akamai Technologies acquired Prolexic for approximately $370 million, integrating Prolexic's specialized DDoS mitigation capabilities into its broader suite of cloud and security services. Following the acquisition, the Prolexic platform has continued to evolve; in 2023, Akamai launched a sixth-generation platform that significantly increased its dedicated attack mitigation capacity.
Keywords: DDoS protection, cybersecurity, cloud security, DDoS mitigation, network security, data center protection, enterprise security, traffic scrubbing, Security Operations Control Center, SOCC, Barrett Lyon, Akamai, application security, web security, infrastructure protection, attack mitigation, cyber threat, financial services security, e-commerce security, government security
Company overview
Prolexic Technologies company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2003
- Headquarters
- Los Angeles, United States
- Employees
- 3
- Open positions
- None listed
- Dealroom signal
- 60.0
Valuation & funding
Prolexic Technologies funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Dec 2013 | $390M | $390M | Akamai | — |
| SERIES COther financing | Jul 2013 | $30M | $120M | Kennet Partners · Camden Partners · Intel Capital · Medina Capital | — |
| SERIES BOther financing | Feb 2012 | $8M | $32M | Camden Partners | — |
| SERIES AOther financing | Mar 2011 | $14M | $56M | Kennet Partners | — |
Growth signals
Prolexic Technologies website traffic
Latest recorded traffic for Prolexic Technologies is 180 monthly website visits, up 28.6% over the last three months.
Comparisons
Prolexic Technologies compared with similar companies
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Talent graph
Prolexic Technologies's talent
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Global footprint
Where Prolexic Technologies has talent and traffic
In the news
Latest news about Prolexic Technologies
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Market sentiment
What the market is saying about Prolexic Technologies
An AI-synthesized read of the highest-engagement posts about Prolexic Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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