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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
sub industryIdentity & AccesssectorSupply Chain ManagementindustrySecurityindustryFintechsectorRisk ManagementsectorEntertainmentsectorData AnalyticssectorPredictive AnalyticssectorStreamingsectorMitigationsectorCybersecuritysectorHard TechsectorDT and LSsectorTravel

Valuation & funding

Prolexic Technologies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
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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.

Latest monthly visits180 3-month web change+28.6%
Monthly website visits75 observations · Feb 2016–Mar 2025
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Comparisons

Prolexic Technologies compared with similar companies

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Talent graph

Prolexic Technologies's talent

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Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

6 investors on Prolexic Technologies's cap table

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Series A 2 investors entered at this stage
Kennet Partners
Camden Partners
Series B+ 3 investors entered at this stage
Intel Capital
Medina Capital
Trident Capital
Other known 1 additional known investor
Akamai

Global footprint

Where Prolexic Technologies has talent and traffic

Workforce by country
🇺🇸 United States · Los Angeles HQ
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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.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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