Finjan Holdings, Inc. is a U.S.-based cybersecurity company primarily engaged in the licensing of intellectual property related to web and mobile security technologies. Originally stemming from Finjan Software Ltd., founded in 1997 in Israel, the company has evolved into a holding entity focused on monetizing its extensive patent portfolio through licensing agreements and enforcement actions. Finjan is renowned for its proactive approach to threat research, having developed some of the earliest technologies for detecting malicious code in web content, including behavior-based analysis systems that inspect URLs and files for potential threats. The company operates through subsidiaries like Finjan Blue, Inc., and is known for patent litigation, pursuing claims against major technology firms such as Google, Microsoft, and others for alleged infringement of its security patents. These lawsuits have been a significant revenue driver, with settlements and judgments contributing substantially to the company's finances. For instance, in 2018, Finjan secured a $13 million jury verdict against Blue Coat Systems, though the company has also faced challenges, including a 2020 acquisition by East Bridge Acquisition LLC amid financial pressures from ongoing legal battles and market shifts in cybersecurity. Despite its litigation-heavy strategy, Finjan continues to emphasize innovation in threat intelligence, positioning itself as a key player in the intellectual property landscape of cybersecurity. The company's operations highlight the intersection of technology innovation and legal strategy in the cybersecurity sector, where patent enforcement serves as a business model for non-practicing entities. Finjan's portfolio includes over 40 patents, covering areas like malware detection and secure browsing, which have influenced industry standards. However, its aggressive litigation has drawn criticism from tech companies and advocates for patent reform, who argue it exemplifies 'patent trolling' practices.