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ConteXtream CEO Nachman Shelef Also to Present on Achieving Full Benefits of Virtualization Through Deployment of NFV Infrastructure Mountain View, Calif. — October 13, 2014 — ConteXtream, a leading provider of carrier-grade network virtualization solutions, today announced a public showcase of subscriber-aware virtual network function (VNF) chaining with HP in the ETSI PoC ZONE at SDN & OpenFlow World Congress, October 14-17 in Dusseldorf, Germany. In addition, ConteXtream CEO and co-founder, Nachman Shelef will provide insight into how to achieve full virtualization benefits from NFV infrastructure deployments. “Service chaining makes it easier and less expensive to spin up applications in service provider networks. It is an essential NFV capability for our customers,” said Werner Schaefer, vice president, Network Functions Virtualization, HP. “ConteXtream’s experience in SDN and NFV enables HP to deliver a best-in-class solution to our customers.” Hosted by the European Telecommunications Standards Institute (ETSI) at the upcoming SDN & OpenFlow World Congress, the NFV PoC ZONE showcases SDN and NFV solutions from selected companies in an effort to raise awareness and build confidence in NFV as a viable approach to addressing service provider network demands. The ETSI NFV PoC provides the opportunity service providers and industry participants to engage with the PoC participants to discuss their results, learn about the challenges they faced and discuss what they see as the next steps for NFV implementation. The SDN & OpenFlow World Congress brings together more than 1,300 industry leaders, first users and solution innovators. The event is Europe’s principal SDN & NFV knowledge exchange, and has expanded greatly since its inception in 2012, as has the SDN World Exhibition. This year’s event will showcase solutions from over 60 suppliers. WHO:
  • HP and ConteXtream representatives will be demonstrating in the ETSI PoC ZONE.
  • Nachman Shelef, CEO, chairman and co-founder of ConteXtream. Shelef’s background includes founding and leading NiceCom, a company acquired by 3Com. Following the acquisition, Shelef worked as VP of Business Development as well as VP and GM of several 3Com organizations based in Santa Clara, Boston and Israel. Shelef obtained his B.Sc. Summa cum Laude in computer engineering from Technion-Machon Technologi Le’ Israel.
  • Demonstration in ETSI PoC ZONE – ConteXtream and HP will showcase their collaboration on an ETSI-approved PoC for service chaining virtual network functions together on an NFV infrastructure.
  • Nachman Shelef’s presentation entitled “NFV Infrastructure to Deliver the Full Benefits of Virtualization” will examine how to deploy NFV infrastructure in the most efficient, effective way to provide the most seamless experience.
  • ETSI PoC ZONE- Open Wednesday, October 15th through Friday, October 17th during exhibit hall hours.
  • Presentation by Nachman Shelef: Thursday, October 16, 2014 at 4:35 p.m. CEST
  • ETSI PoC demonstrations will take place in the ETSI PoC ZONE (POC #15), where subscriber aware SGi/Gi-LAN virtualization demonstration will be shown.
  • The presentation by Nachman Shelef will be in the Congress 2 (Diana 2) section of the SDN & OpenFlow World Congress 2014, located at the Swissôtel Düsseldorf / Neuss, Rheinallee 1, D-41460 Neuss, Düsseldorf, Germany.
About ConteXtream ConteXtream is a privately held software-defined-networking (SDN) company that enables carriers to deliver network capacity and functions in the same way cloud providers deliver applications effectively utilizing standard compute and storage. ConteXtream’s SDN offering is carrier-grade and enables Network Function Virtualization (NFV) for various solutions deployed on carrier networks. Deployed by Tier-1 operators, ConteXtream’s Carrier-SDN dynamically and elastically connects subscribers to services and enables carriers to leverage standard, low-cost server hardware and hypervisors to virtualize functions and services, while replacing costly purpose-built proprietary systems. Headquartered in Mountain View, Calif., ConteXtream is backed by Benhamou Global Ventures, Gemini Israel Funds, Norwest Venture Partners and Sofinnova Ventures as well as Comcast Ventures and Verizon Investments. For additional information, visit

Former SpaceX CIO leaves the space world to protect your company from destruction   Spikes Security founder and chief executive Branden Spikes left his position as the CIO of SpaceX to save your company from ruination. Spikes is one of Elon Musk’s most trusted lieutenants. And today, the Musk-vetted security guru and his startup raised a cool $11 million first round of funding led by Lakewood & Company, Javelin Venture Partners, and Benhamou Global Ventures to build out their browser-focused security technology. While at SpaceX, Spikes had a front-row seat to a continual and unrelenting barrage of attempted malware attacks from cyber thugs looking to steal company secrets. That experience at SpaceX, which lasted nearly 10 years, convinced Spikes that the best way to defeat malware begins with safeguarding employee browsers. “I was the CIO for Elon Musk at all his companies, including SpaceX,” the mild mannered security guru told VentureBeat late Tuesday. “I was at SpaceX a long time and saw the company change from building spaceships to running them. With this, I saw an opportunity to take my skillset to the next level.” The startup’s flagship security product is called AirGap. It acts as a barrier against malware designed to get employees to click on an affected link. AirGap functions by first deploying itself outside the company firewall. AirGap creates isolated virtual machines for each web session users request of the network in question. AirGap, according to Spikes, automatically transforms all web content into a virtual image and delivers it over a proprietary protocol to the client viewer. This means that any malware associated with the infected web content, or the phishing lure, remains firmly outside the firewall. The $11 million comes at an opportune moment in light of the Target, JP Morgan, Home Depot, and now Staples hacks that affected the accounts of over 300 million customers. Security analysts have blasted these firms for not being proactive outside the moat in isolating and thwarting hits. In fact, the viruses that infected those companies lay undetected for months, wreaking serious damage, the extent of which is still being tallied. This fact is not lost upon the studious though laid-back Spikes, who bailed on college to pursue his dream with Musk. In fact, Spikes posits that if the current cycle of successful attacks against American government and industry continues unabated, the U.S. could very well find itself erecting a barrier akin to the ‘Great Firewall of China” to lock the grid down. China tightly controls user access, and Spikes said at if the security community doesn’t get it soon, the U.S. may have no alternative other than to lock down the entire Internet infrastructure here to protect against malware. Really, though, his experience working “with Ph.D. rocket scientists with severe senses of entitlement that couldn’t be told anything” shaped the vision for his startup because network security was the last thing on their minds, even though it was one of the most important in keeping Chinese government hack teams from boosting SpaceX’s virtual DNA. “With infected browsers, there was no elegant solution to that problem. At SpaceX, we defended the network successfully against a never-ending stream of attacks. It was very scary,” he said. “SpaceX does a great job of security. If we don’t solve this problem, it is a ticking time bomb for all these companies,” Spikes said.

Eric Benhamou, BGV Founder and General Partner will join Asheem Chandna of Greylock Ventures and Steve Herrod of General Catalyst Partners at the VC panel at the VMWorld’s CTO Forum in San Francisco on August 26th. The leading Silicon Valley VCs will discuss “No Limits” innovation in the Enterprise IT space, their investment philosophies, and how IT organizations could effectively leverage new technologies to drive innovation into their respective enterprises. The panel facilitator is BGV’s partner, Marina Levinson, former CIO of NetApp and Palm. Marina’s real world IT experiences give her a unique perspective on enterprise IT investments from both VC and senior IT executive perspectives.

Barak Ben-Avinoam, BGV Partner to serve as mentor in IBM’s New Accelerator Program in Israel.  A new accelerator, the IBM Alpha Zone, is set to begin in July, making it the tech giant’s first accelerator in the world and first attempt to take full advantage of the Start-Up Nation’s start-ups Read more: New Israel accelerator IBM’s first anywhere | The Times of Israel Follow us: @timesofisrael on Twitter | timesofisrael on Facebook

The Dark Horse Competition is organized by Founder’s magazine, the leading business magazine for entrepreneurs in China.  The Dark Horse Competition allows American startup companies to compete with Chinese counterparts one-on-one to pitch their business ideas in hopes of obtaining the opportunity to access China capital and the China market. The daylong conference will also provide opportunities to network with potential China joint-venture partners, local mentors and investors

BGV II, Completes its First Close with Additional LPs and a New Team Targeting Seed and Early-Stage Enterprise IT Investments Palo Alto, CA (May 1, 2014) Benhamou Global Ventures, a Silicon Valley based early-stage venture capital firm, announced the first close of funding for, BGV II LP. The fund is focused on seed and early stage investing in enterprise technology including security, cloud-based services, web scale infrastructure, mobility and the emerging Internet of Things. Benhamou Global Ventures has already made its first investment from BGV II in Qubell, a company providing application deployment and configuration management for web-scale applications. Founded by repeat entrepreneur and enterprise cloud pioneer, Victoria Livschitz, Qubell brings true agility and speed to enterprises online commerce operations. See more at “As the transformation of the enterprise continues at an aggressive pace, so do the opportunities to invest in and build new global businesses,” said Eric Benhamou, founder and general partner of Benhamou Global Ventures. “To leverage these opportunities, we have expanded our team to include Marina Levinson, Barak Ben-Avinoam, and Janice Roberts. These are veteran operating executives, technologists and investment professionals who share our passion for working with entrepreneurs to build innovative technology businesses. I’m excited to welcome them to the team.” BGVII has also formed a Technology Advisory Council comprised of enterprise IT experts to assist with technology diligence and customer validation. The BGVII team is augmented by a network of global industry C-level executives to support its portfolio of companies; many of whom are investing in the new Fund. About Benhamou Global Ventures Benhamou Global Venture (BGV) is an early-stage venture capital firm with deep Silicon Valley roots, with an exclusive focus on enterprise information technology opportunities in global markets. The BGV team has successfully built a cross-border venture investing model, which it is selectively expanding to other markets and regions globally. The Fund was founded by Eric Benhamou, formerly chairman and CEO of 3Com, Palm and co-founder of Bridge Communications. Comprised of an experienced partnership team of global operating executives and investors, BGVII will actively engage and support entrepreneurs looking to build the next generation of enterprise companies. With a particular emphasis on cloud based services, security, web-scale infrastructure, mobility and the Internet of Things, the Fund will invest in the compelling opportunities offered as enterprise IT transformation accelerates. To learn more about our BGVII and our portfolio please visit us at http:// or follow us on Twitter: @BenhamouGlobalV

Risk Management Platform Delivers Comprehensive KYC service for Consumers Worldwide, Enabling Merchant Acquirers, Payment Service Providers, and Money Transmitters to Comply with Federal, Card Brands and Banks’ Regulations

  Palo Alto, CA. (PRWEB) April 08, 2014 IdentityMind Global, an on-demand anti-fraud and risk management platform, and Jumio, the fast growing credentials management tech company, today announced a partnership to provide ecommerce retailers, financial institutions, and payment service providers (PSPs) with an integrated solution designed to minimize account fraud, reduce merchant risk, and provide financial institutions with Know Your Customer (KYC) capabilities to comply with Federal, Card Brands and Banks’ regulations. Jumio’s Netverify turns a smartphone or computer into an ID scanning terminal that makes it fast and easy to capture and verify consumers’ credentials – a passport, driver license, ID card or utility bill in more than 100 countries worldwide – to meet KYC requirements and reduce fraud. Jumio’s Netverify is fully integrated into IdentityMind’s™ Anti-Fraud and Risk Management Platform. “Identity verification is fundamental to the KYC process, especially when underwriting a merchant account or verifying international customers’ identities, foreign nationals and underbanked consumers,” said Daniel Mattes, Jumio’s CEO. “The combination of identity data from IdentityMind and Jumio’s credential verification technology provides a much more complete picture addressing the challenging question of whether the user creating an account is who they claim to be.” Jumio’s integration to the IdentityMind ecosystem enhances the identity verification technologies and databases available to IdentityMind clients under the KYC, Anti-Money Laundering, and Merchant Risk products. The customer data contained in a government-issued document is validated for authenticity and can be used for sanction screening against OFAC, PEP, and other international lists. Furthermore the information contained in the document can enable querying against other public and private databases for ensuring that the consumers’ historical transactions and records are consistent and risk-free. “Determining that individuals are who they say they are is a requirement for financial institutions. Traditionally financial institutions have accomplished this by asking customers to provide hard copies of documents, sometimes scanned, faxed, or presented in person – a process that is cumbersome and can take several days” said Garrett Gafke, IdentityMind Global’s CEO. “Modern business applications impose requirements for a faster and more automated verification of identities. Acquiring entities must underwrite merchant accounts with greater efficiencies and generally in real-time, just as Money Transmitters and Money Service Businesses, like Bitcoin exchanges have to provide KYC in real-time to offer consumers a competitive offering.” Availability Jumio’s NetVerify integration into IdentityMind’s Platform is available immediately for Acquiring Banks, Payment Service Providers (PSP/ISO/MSP,IPSP), Money Transmitters, Money Service Providers and Online Merchants. About IdentityMind Global IdentityMind Global™ is an e-commerce company offering an on-demand platform for payments, risk management, anti-fraud and anti-money laundering services for: Acquiring Banks, Payment Processors and Gateways, Payment Service Providers (PSP/ISO/MSP,IPSP), Digital Currency Exchanges, Financial Institutions (Banks, Money Service Businesses (MSBs), Money Transmitters) and Online Merchants. These services are offered in real-time based on patent-pending Electronic DNA (eDNA™) technology which tracks the different entities (consumers, merchants, cardholders, payment wallets, alternative payment methods, etc.) involved in a transaction. It builds reputations associated with these entities which can then be used when evaluating anti-fraud, merchant account applications, consumer account origination, identity verification services, potential money laundering, and others. This reputation is shared during the analysis so everyone can benefit from the “network effect” while protecting the privacy of the entities involved. About Jumio Jumio is a next-generation payments and ID software-as-a-service company that utilizes proprietary computer vision technology to reduce mobile/online payment and ID friction and fraud, while increasing revenue and customer satisfaction. The company’s mission is to provide its clients with intuitive, consumer-facing technologies that make it possible to conduct a wide range of mobile transactions without a single keystroke. Half of the top 10 consumer internet companies, along with hundreds of other retailers, financial institutions, marketplaces, gaming companies and more have adopted Jumio products to enable their customers to efficiently speed through sign-up and checkout processes yielding not only higher completion rates but an improved customer experience. Jumio has received numerous innovation awards from leading industry associations and is listed on The Sharepost 100 as one of the world’s most innovative and compelling private companies. Jumio was founded in 2010 by CEO Daniel Mattes and is backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-Founder, Eduardo Saverin. Headquartered in Palo Alto, Jumio operates globally with offices in the US and Europe and processes credentials issued by over 100 countries. For more information, visit For more information, please refer to our website, or reach us at sales(at)identitymind(dot)com. © 2014 IdentityMind Global™. All rights reserved. IdentityMind, IdentityMind Platform, IdentityMind eDNA, and the IdentityMind logo are trademarks or registered trademarks of IdentityMind, Inc in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

Partnership Will Enable Carriers to More Efficiently Operate and Monetize Their Networks

MOUNTAIN VIEW, Calif. and SAN MATEO, Calif. – April 8, 2014ConteXtream Inc., a leading provider of carrier-grade network virtualization solutions, today announced that it has partnered with Guavus, a leading provider of big data analytics solutions, to bring real-time analytics to Software Defined Networking (SDN) deployments on service provider networks. The partnership will combine ConteXtream’s ContexNet™ and Guavus’ Reflex™ operational intelligence platform. The joint solution gives network operators an end-to-end view across their network and enables Communication Service Providers (CSPs) to dynamically and more efficiently allocate network resources for video optimization, TCP optimization, and rate shaping.   “Guavus and ConteXtream have a long and successful history of working together within large-scale carrier deployments, including jointly providing the SDN-fabric and data analysis tools for a Tier-1 wireless service provider on traffic of more than 50M subscribers,” said Anshu Agarwal, VP Marketing for ConteXtream. “This past experience, and Guavus’ track record of innovation, made them the logical choice for partnering with to take data analysis on our SDN platform to the next level.”   ConteXtream’s ContexNet is a carrier-grade distributed SDN fabric that leverages proven virtualization and grid computing technologies to enable operators to accelerate revenue growth through more rapid testing and introduction of new services or features; utilize local and remote network resources on demand, and reduce CAPEX and OPEX by automating network operations, ContexNet runs on standard, off-the-shelf computing platforms, creating a single, distributed and scalable SDN domain, dynamically links network functions by steering the right traffic flows to virtual functions in the right sequence. ContexNet is compliant with industry standard-based mechanisms such as OpenFlow, LISP and OpenStack which enable it to fully separate control from forwarding, location from identity, and orchestration from networking.   Guavus’ Reflex Platform provides a real time integrated view across customers’ business and operations for improved decision making. As a result, carriers benefit from an end-to-end view across their enterprise with a highly granular resolution and actionable insights that can be embedded into automated workflows to rapidly implement value added services and develop network policies that effectively reduce capital and operational costs. Reflex uses highly optimized computational algorithms and machine learning to distill actionable insights from very large datasets. This allows for continual optimization of the computational process, as well as enables improved forward-looking and predictive analysis, real-time decision-making and automation.   “Guavus’ operational intelligence platform combined with Contextream’s SDN fabric is a carrier grade solution that paves the way for CSPs to not only achieve true Network Functions Virtualization, but gain additional insight into network operations so they can realize greater operational and efficiency gains,” said Ben Parker, principal technologist at Guavus.   About ConteXtream ConteXtream is a privately held software-defined-networking (SDN) company that enables carriers to deliver network capacity and functions in the same way cloud providers deliver applications effectively utilizing standard compute and storage. ConteXtream’s SDN offering is carrier-grade and enables Network Function Virtualization (NFV) for various solutions deployed on carrier networks. Deployed by Tier-1 operators, ConteXtream’s Carrier-SDN dynamically and elastically connects subscribers to services and enables carriers to leverage standard, low-cost server hardware and hypervisors to virtualize functions and services, while replacing costly purpose-built proprietary systems. Headquartered in Mountain View, Calif., ConteXtream is backed by Benhamou Global Ventures, Gemini Israel Funds, Norwest Venture Partners and Sofinnova Ventures as well as Comcast Ventures and Verizon Investments. For additional information, visit   About Guavus Guavus is a big data analytics company ushering in a new class of decisioning applications for service providers and enterprise customers. The company offers an operational intelligence platform integrated with a suite of decisioning applications for network planning and operations, marketing, security and customer care. The world’s most data-intensive companies trust Guavus to help them take strategic advantage of their data assets to grow revenue, improve operating efficiencies and delight customers in new ways. For more information, visit