SolidCore raises $20M in funding

By agencies   |   Thursday, 17 February 2005, 20:30 IST
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PALO ALTO:Computer security software maker Solidcore Systems, Inc. has raised an additional $20 million in venture capital. The money will be used to "broaden market adoption of its software technology," company officials said. Leading the current investment round is Menlo Ventures, joined by Matrix Partners and Sevin Rosen Funds. "We are pleased to work with key venture capitalists to accelerate our growth by initially introducing our solution to the embedded market," says Rosen Sharma, president and CEO of Solidcore.