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Solera Networks adds $7 Million in series B
By siliconindia
Lindon: Solera Networks, a provider of innovative network forensics software solutions, has raised an additional $7 million in series B venture funding, led by new investor Allegis Capital. Solera Networks' existing investor, Canopy Ventures, also participated in the round.
Proceeds from the funding will be used to accelerate growth in sales and marketing activities, including opening the company's new office in Washington, DC and expansion of its Japanese operations.
Solera Networks president and CEO, Steve Shillingford said, "We have always believed that today's information assurance strategies are missing a fundamental component - the ability to go back in time to quickly find the source of a breach, remediate the failure, and fortify the network. We see this funding as validation for the need to shift toward planning for these inevitable failures by investing in network forensics solutions like those from Solera Networks."
Solera Networks has made significant advancements in high-speed network forensics solutions for both virtual and physical networks, including technology to capture, index, search, and replay all network traffic. The company's solutions have been previously demonstrated at Supercomputing '08 in a real-world testing lab involving live network traffic. Additionally, Solera Networks has certified its performance with Meircom and in numerous live customer deployments.
