Joe Levy Joins Canopy Ventures

Joe Levy has joined Canopy Ventures as technologist-in-residence. He previously was CTO of SonicWALL, a network security infrastructure company.

 

PRESS RELEASE

Canopy Ventures today named Joe Levy as the firm's Technologist-in-Residence. Levy, a recognized expert and author on network security issues, joins Canopy from SonicWALL, Inc., the leading network security infrastructure company where he most recently served as Chief Technology Officer.

At Canopy, Levy will support the group's current portfolio companies, particularly those focused on emerging security and networking technologies such as Solera Networks, as well as assist the group in evaluating new technology opportunities. Canopy recently announced the formation of Canopy Ventures II, a new $100 million early stage venture capital fund designed to infuse high-potential companies with the capital and support needed to spur ongoing growth and development.

“We have known Joe for a number of years, and we are very pleased to have him join our team,” said Ron Heinz, Managing Director at Canopy. “Joe's expertise and vision will be an invaluable asset to the Canopy team and its portfolio companies.”

“Joining Canopy is a dramatic and exciting shift in my career path,” said Joe Levy. “I look forward to the challenge of working with multiple early stage companies, helping them to further define their technology vision, and assisting them as they develop their core offerings and engage initial customers.”

With nearly fifteen years of experience in the networking and network security industry, Levy is known for guiding SonicWALL through many company-defining moments in his role as CTO. He has participated in various industry certification and design consortiums, including the ICSA and IETF, and, along with his development teams, has authored a number of networking and security patents. Prior to SonicWALL, Joe spent six years with OneNet, Inc., where he served as VP of Technology Services, directing the Professional and Managed Services teams.

Levy recently co-authored his first book with several colleagues on the topic of wireless network security, covering many of the proprietary wireless enhancements designed by Levy and the SonicWALL architectural team, as well as industry standards and best practices. Levy's well-known “Worth a Glance” blog covers his views on a broad range of network security news, issues and trends, and can be found at http://blog.illurity.com.

About Canopy Ventures

Canopy Ventures is an early-stage venture capital firm targeting information technology and life science companies primarily in the state of Utah. Since Canopy's founding in 1995, the firm has invested in more than 100 high-growth companies and made a significant contribution to the Utah marketplace. More information may be found at http://www.canopy.com.

SNG PR Tim Rush, 801-208-1100 tim.rush@sng.com www.sng.com