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Intel invests in network security firm
Intel invests in network security firm
1/30/2012 3:34 PM EST
SANTA CLARA, Calif.—Intel Capital, the venture capital arm of Intel Corp., led a $20 million round of investment in Solera Networks Inc., a provider of network security analytics, Solera said Monday (Jan. 30).
In addition to Intel, existing investors Allegis Capital, Signal Peak Ventures and Trident Capital also joined the Series D funding round, Solera (Salt Lake City) said. The company said it would use the new funds to help support the company’s growth by further expanding global sales, marketing and product development initiatives.
“With increasingly large amounts of data crossing corporate networks, organizations must balance advanced threat prevention with an aggressive and proactive response system to be fully prepared when an inevitable breach occurs," said Sean Cunningham, Intel Capital investment director. "We see companies continuing to realize that real-time, intelligent incident response is now an essential component of their security strategy."
In addition to Intel, existing investors Allegis Capital, Signal Peak Ventures and Trident Capital also joined the Series D funding round, Solera (Salt Lake City) said. The company said it would use the new funds to help support the company’s growth by further expanding global sales, marketing and product development initiatives.
“With increasingly large amounts of data crossing corporate networks, organizations must balance advanced threat prevention with an aggressive and proactive response system to be fully prepared when an inevitable breach occurs," said Sean Cunningham, Intel Capital investment director. "We see companies continuing to realize that real-time, intelligent incident response is now an essential component of their security strategy."