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Vectra Networks secures $25m – Investment Round Up

August 5, 2014

Series A

Palo Alto, Calif.-based big data analytics company Metanautix has raised $7 million from Sequoia Capital and angel investor Shiva Shivakumar, an early Google employee and current CEO of UrbanEngines. CEO Theo Vassilakis is a former Microsoft software developer and Google Engineering Director.

Series B

Mobile enterprise security solutions provider BitGlass has received $25 million in Series B funding from SingTel Innov8 and returning investors Norwest Venture Partners and New Enterprise Associates, to bring total funding to $35 million. Founded in early 2013, the Campbell, Calif.-based company is charged with securing corporate data that, when accessed through a mobile phone, travels through third-party networks and resides in third-party servers.

Series C

San Jose, Calif.-based continuous monitoring network security company Vectra Networks has secured $25 million in venture funding in a round led by Accel Partners. Intel Capital and Juniper Networks participated alongside previous investors Khosla Ventures, IA Ventures, and AME Cloud Ventures. Vectra’s method of constantly scanning for security breaches stands in contrast to the more reactionary methods of legacy companies like Symantec, and as a result, is increasingly being referred to as “Network Security 2.0.”

Series E

Smaato, a mobile advertising and ad optimization platform based in San Francisco, has raised $25 million in additional funding to bring total venture capital to $43 million. Returning backers Aeris Capital and EDB Investments were joined by new investor Singapore Press Holdings. The Silicon Valley-based law firm Wilson Sonsini Goodrich & Rosati also invested in the company when it was founded in 2008. Smaato’s RTB ad exchange is used across 78,000 mobile app publishers and developers.

Series F

Waltham, Mass.-based enterprise software provider Verdasys made two recent announcements: first, that it would be known as Digital Guardian moving forward, and second that it had raised another round of VC investment, this time at $20 million to bring total funding to nearly $90 million. The company plans to unveil more at Black Hat, the global information security event currently being held in Las Vegas, NV.

 

 

 

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Filed Under: Features, Finance, Internet, Investment Round Up, Mobile, Social, Software, Staff Picks, Startups

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