Solera Networks - the leading Network Security Analytics provider has announced that it managed to bag $20 million in a series D funding led by Intel Capital.
Apart from Intel Capital, other existing investors such as Allegis Capital, Trident Capital, Single Peak Ventures, also contributed to the fund raising, Solera stated. According to the company, the new funds will prove to be really vital for its growth along with product and market development initiatives.
The latest Series D funding follows a year-full of really impressive performance exhibited by the company whereby it managed to expand its global and international market presence by over 100 per cent.
"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," Sean Cunningham, Intel Capital Investment Director said in a statement.
"Solera Networks delivers a scalable, high-performance solution that addresses these challenges and is the only independent platform capable of broad integration," he added.
Solera Networks claims itself to be one of the industry's most capable "proactive rapid response company."
Find the press release here.