RedSeal closes in on $12M for to manage security risks

RedSeal, a maker of software that keeps track of security risks for businesses, is just $200,000 shy of a $12 million round of equity, according to a filing with the SEC. The San Mateo, Calif. company is backed by Jafco Ventures, Leapfrog Ventures, Sutter Hill Ventures and Venrock. It last brought in $17.1 million in a second round of venture funding in 2007.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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