PacketMotion, a San Jose, Calif. provider of enterprise network monitoring and compliance technology, has raised a $7.5 million third round of financing from its existing investors.
See announcement here.
Investors include Intel Capital, ONSET Ventures, and Mohr Davidow Ventures, and brings the company’s funding total to $34.5 million in three rounds of funding.
From the statement:
“Major enterprises seek a much deeper level of visibility and control of transactions affecting their critical information assets,” said Paul Smith, CEO of PacketMotion. “Our customers have told us that in this environment they need the ability to not only see transactions on the network, but to control them in real-time, with higher performance and scalability, and with stronger interfaces to the identity and compliance ecosystems of their enterprise.”
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