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Shlomo Kramer

From Wikipedia, the free encyclopedia
Shlomo Kramer
Born1966 (age 57–58)
CitizenshipIsraeli
Alma materTel Aviv University (B.C.S and BMath), Hebrew University (M.C.S)
Occupation(s)Entrepreneur, investor

Shlomo Kramer (Hebrew: שלמה קרמר born 1966),[1][2] is an Israeli information technology entrepreneur and investor. He is the co-founder of cyber-security companies Check Point[3] and Imperva, as well as Cato Networks, a cloud-based network security provider.

As of January 27, 2024, Forbes listed Shlomo Kramer net worth at US$2.2 billion, ranking him 1412 on the Billionaires list[4] and he was ranked 17th among the top wealthiest people in Israel.[5]

Personal life

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Shlomo Kramer has been actively involved with technology all his life. As a youth, he worked on mainframes and sold video games.[6]

Kramer served in the Israel Defense Forces' Unit 8200, a crack cybersecurity and intelligence team whose operations include gathering, analyzing and decrypting data; over the years, the unit has produced many of Israel's top high-tech entrepreneurs.[7] After completing his military service, Kramer earned a master's degree in Computer Science from the Hebrew University of Jerusalem and a bachelor's degree in Mathematics and Computer Science from Tel Aviv University.[8]

Career

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Kramer, who has been called "the godfather of Israeli cybersecurity," is a serial high-tech investor and entrepreneur with "a long track record of success".[9] He founded his first startup during high school in the 1980s along with Ofer Shemtov, and the company was later sold to a software firm.[10] In 1993, he co-founded Check Point Software along with Gil Shwed and Marius Nacht;[11] the company introduced the first firewall to the commercial market[12] and went on to become "a world leader in protecting the information that flows round the Internet, and a flagship of Israel's high-tech industry".[13] Kramer left Check Point in 1998 and used the money from the sale of his stake to strike out on his own as an entrepreneur and investor in numerous startups.[3][14]

In 2002, Kramer founded his second startup, WebCohort, renamed Imperva in 2004, together with Mickey Boodaei and Amichai Shulman.[15][16] Imperva moved away from perimeter defenses such as firewalls and instead deployed its software to protect against hackers and business-data theft by identifying and preventing attacks before they find their way to the inside of an organization.[17]

The company's initial public offering on the New York Stock Exchange raised $90 million, with its shares gaining 33% on its first day of trading on 9 November 2011.[18] In 2014, Imperva acquired Skyfence, a cloud security gateway startup in which Kramer was a lead investor, and bought the shares it did not already own in Incapsula, a cloud-based website performance and security service in which it had already invested.[19] The acquisitions helped Imperva extend its data security strategy throughout the cloud.[20]

Kramer's belief in the cloud as the next big development in cybersecurity[17] led him to establish Cato Networks in 2015, together with former Imperva colleague Gur Shatz.[21] Kramer acted as the Cato Network's CEO since its inception.[10] Cato Networks' software integrates all the elements of an organization's network – including branch locations, data centers, mobile users and more – into one encrypted network in the cloud. This means the enterprise is no longer tied to an array of location-bound appliances to protect its data.

Investments

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In addition to co-founding Check Point, Imperva and Cato Networks, Kramer has invested in many companies and startups including Palo Alto Networks, Exabeam, Trusteer, WatchDox and LightCyber,[21][10] mostly in the field of data security.

See also

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References

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  1. ^ "Shlomo Kramer". finder.startupnationcentral.org. Retrieved 2023-06-09.
  2. ^ "שלמה קרמר: חדשות, עדכונים ומידע אודות שלמה קרמר - כלכליסט". כלכליסט- www.calcalist.co.il. Retrieved 2023-06-09.
  3. ^ a b Michal Lev-Ram (2016-02-10). "Can Check Point Founder Strike Again?". Fortune.com. Retrieved 2017-04-13.
  4. ^ "Shlomo Kramer". Forbes. Retrieved 2024-01-27.
  5. ^ "Wealthiest People in Israel (January 22, 2024)". CEOWORLD magazine.
  6. ^ "Kramer's Startup Spree Helps Turn Israel Into Cyber Power". Bloomberg. 2014-02-04. Retrieved 2017-04-13.
  7. ^ "Inside Israel's Secret Startup Machine". Forbes.com. 2016-05-11. Retrieved 2017-04-13.
  8. ^ Shlomo Kramer. "Shlomo Kramer, Imperva Inc: Profile & Biography". Bloomberg. Retrieved 2017-04-13.
  9. ^ Krupkinyesterday, Taly (2015-08-29). "The heart of Israeli cyber, a Check Point brotherhood - Business". Haaretz.com. Retrieved 2017-04-13.
  10. ^ a b c Shulman, Sophie (2022-01-22). "The secondary celebration will not continue. The market of 2021 is over". CTECH. Calcalist. Retrieved 2022-09-29.
  11. ^ "Check Point Software Co-Founder Launches Simple Network Security In The Cloud". Forbes.com. 2016-05-12. Retrieved 2017-04-13.
  12. ^ Roy Goldenberg (2015-10-27). "Network security co Cato Networks raises $20m". Globes English. Retrieved 2017-04-13.
  13. ^ Tali Tsipori (2013-08-15). "Shlomo Kramer to reap some $240m from Trusteer sale". Globes English. Retrieved 2017-04-13.
  14. ^ Cowan, Lynn (2011-11-09). "Imperva Jumps in IPO". WSJ. Retrieved 2017-04-13.
  15. ^ "Check Point Software Co-Founder Starts New Security Company - WebCohort, Raises First Round From Accel Partners". Imperva. December 1, 2002 [May 27, 2002]. Retrieved 2023-06-09.
  16. ^ "Dun's 100 - Imperva". DUN'S 100 Site. Retrieved 2023-06-09.
  17. ^ a b Cohen, Tova (2016-02-10). "Firewall pioneer Kramer bets on shift to cloud security". Reuters. Retrieved 2017-04-13.
  18. ^ "Imperva IPO goes high at $90M". Silicon Valley Business Journal. 2011-11-09. Retrieved 2017-04-13.
  19. ^ Krupkinyesterday, Taly (2014-02-09). "Shlomo Kramer's Imperva buys two of his Israeli firms - Business". Haaretz.com. Retrieved 2017-04-13.
  20. ^ "Imperva Makes Three Acquisitions, Unveils New Cloud Strategy". SecurityWeek.Com. 2014-02-07. Retrieved 2017-04-13.
  21. ^ a b Orbach, Meir (2021-10-19). "Shlomo Kramer's Cato Networks hits $2.5 billion valuation in $200 million round". CTECH. Calcalist. Retrieved 2022-09-29.