NeoAccel to ramp up Indian operations

author-image
DQC Bureau
New Update

Advertisment





US

US-based NeoAccel, a company that has developed a next-generation SSL-VPN architecture, announced that it would strengthen its operations in India. The company headed by founder and former chairman of NetScaler, Michel Susai, has a 40 member development team in Mumbai. 



Michel said that he hopes to do NeoAccel's complete product development and technical support out of India. 



The company will pump in an investment of Rs 50 crore to increase its R&D operations in India over the next three years. Michel said that the company is trying to zero in on more centers in India such as Pune, Bangalore and Chennai, which has a good talent pool of systems software. 



The company is backed by strategic investors such as Sabeer Bhatia, Silicon Valley investor Prabhu Goel and venture fund NTT Leasing, who have pooled in around $five million into the start-up.



Michel said that NeoAccel had succeeded in overcoming a performance flaw inherent in first- and second-generation SSL-VPNs, that of Transmission Control Protocol (TCP)-over TCP meltdown. 



“While other SSL-VPN vendors offer access only to web applications, NeoAccel's patent pending architecture allows user access to non-web applications also,” said Michel.



The company hopes to capitalize on the industry shift from IP-Sec to SSL-VPN. NeoAccel has developed its own technology called the Intelligent Connection Acceleration Architecture (ICAA) that tides over the TCP over TCP meltdown problem. The remote access space, which is dominated by the likes of Juniper, Cisco, Aventail and others, was estimated at $3.2 billion last year.

Advertisment