RedSeal Networks Secures $10M in Funding

RedSeal Networks, a Santa Clara, CA-based provider of proactive security intelligence solutions to Fortune 1000 customers, government organizations and large global multinationals, has secured $10m in funding.

Backers include existing investors Venrock, OVP Venture Partners, Sutter Hill Ventures, JAFCO Ventures, and Leapfrog Ventures.

The company intends to use the funding to expand its presence in Europe, where it plans to increase the size and reach of its sales and channel programs, and India, where it opened an office in Bangalore to provide added support to high-profile customers in the region.

Led by President and CEO Parveen Jain, RedSeal Networks enables customers’ IT security management and staff to understand the security state and regulatory compliance of their network and information systems, as well as to recognize the resulting risk to their operations and assets, and identify and drive actions to improve security and reduce risk.
The company recently launched RedSeal 5, which added a broad set of capabilities around security performance metrics and predictive security infrastructure impact analysis.

FinSMEs

16/11/2011

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