The company raised $13 million in private funding from 2000 to early 2003. The company was renamed to ApSecure in December 2000 and later renamed again to Fortinet, based on the phrase 'Fortified Networks.' įortinet introduced its first product, FortiGate, in 2002, followed by anti-spam and anti-virus software. In 2000, they co-founded Appligation Inc. Michael Xie served as an executive for ServeGate. Prior to Fortinet, Ken Xie founded and served as an executive for NetScreen, a company that was acquired by Juniper Networks in 2004.
