ConSentry closes new funding with additional $9.4 Million
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Milpitas: Addressing the growing enterprise need for intelligent control of users and applications, ConSentry Networks has announced an additional $9.4 million in venture funding. Accel Partners led the round and was joined by existing investors DAG Ventures, Invesco Private Capital, Northgate Capital, Translink Capital, and Vedanta Capital. ConSentry will use the funds to grow and support the channel for its LANShield intelligent control platforms and to expand its global marketing outreach. The company also has added three new senior executives to its ranks: Rod Kay, executive vice president of marketing and sales; Robert Hon, executive vice president of engineering; and Derek Granath, vice president of marketing. "In this tight economic environment, IT departments are looking for smart solutions that can help control their internal infrastructure and save money at the same time," said Joe Golden, CEO of ConSentry. "This focus on efficient control gives ConSentry a distinct advantage," he added. More than 200 customers around the globe rely on ConSentry for intelligent control. Announced customers include Town North Bank; Kuraray America; On Demand Group, a subsidiary of SeaChange International; food corporation Taco Bueno; Mercy Medical Center of Baltimore; global steelmaker POSCO; CCR Group, a subsidiary of Commerzbank; Dufferin-Peel, one of the largest and fastest-growing school boards in Ontario, Canada; and Pioneer Electronics.

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