The university's commercialization arm, Melbourne Ventures, has secured more than $1.5 million for start-up company IntelliGuard IT to develop the smart network software into a market product. The University of Melbourne is a significant shareholder in IntelliGuard IT and this project represents its first involvement in a start-up company relating to computer science and software engineering.

Both Uniseed, a venture capital investor focused on university research, and local venture capital firm Starfish Ventures are investing in the project. Uniseed is jointly operated by the University of Melbourne, University of Queensland, and University of NSW.

The research project was supported by the Australian Research Council (ARC) Special Research Centre for Ultra-Broadband Information Networks (CUBIN), in the Department of Electrical and Electronic Engineering with the Department of Computer Science and Software Engineering. The technology was then developed in a joint ARC linkage project with IntelliGuard IT.