CloudShield, an IP services control and security co., raises $15M

CloudShield Technologies, a Sunnyvale provider of IP services control and security technology, said it has raised a $15 million financing round led by Tektronix, a publicly traded communications network management company.

Existing investors ComVentures, TPG Growth, Foundation Capital and Paladin Capital also participated in the funding.

CloudShield and Tektronix also announced a strategic partnership in which the two companies will jointly offer and blend service control and security technology from CloudShield.

This combination will better enable service provider organizations to analyze and control traffic and quality on high-speed networks.

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Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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