What I haven’t seen so far why venture capitalists would have backed such a startup.
Superfish investors, board members and advisors include Andrea Stavopouslos (Draper Fisher Jurvestson), Abe Finkelstein (Vintage Investment Partners), Anat Segal (Xenia Venture Capital), Shai Saul (DFJ again) and others.
The company has raised a total of nearly $20 million in venture capital, from people I interact with all the time.
Superfish tells the world they’re a simple visual search startup.
Did these VCs and other individuals, who are on the board of directors and board of advisors, know the truth about Superfish?
If they did, it’s bad. If they didn’t, it’s also bad.
Other startups that use the same SSL intercept module from Komodia include Lavasoft (a free antivirus provider) (now you know why the antivirus is free).
I’d like to see the tech press dig into this. And the venture capitalists involved, particularly the board members, should talk about what they knew and didn’t know.