Chris Klaus founded Intenet Security Systems in 1994, while he was a sophomore at the Georgia Institute of Technology. Chris’s product, the Internet Scanner, offered well being to companies connecting to the internet as the world wide web emerged, and it did so under a freemium model. Beginning as a side project in his dorm room where $1,000 checks started showing up, Chris asked a professor where he could find a good lawyer for his business, and that lawyer introduced him to Tom Noonan. Chris dropped out of Tech to pursue the business full time, John Imlay and Sig Mosely invested, and Internet Security Systems grew rapidly in an emerging market. ISS’s rapid growth culminated in its initial public offering on NASDAQ in march of 1998 and in an acquisition by IBM for $1.3 billion in October, 2006.
