Websense buys information leak prevention co., PortAuthority for $90M
Websense, a Web security and filtering software company, will acquire PortAuthority of Palo Alto for about $90 million.
PortAuthority, which sells an information leak prevention technology, had raised about $46 million in financing from ALP Enterprises, CAP Ventures, Greylock, Lexington Ventures, NEA and Sequoia Capital. The money was raised over five years, so this investment looks to be about break-even.
(This story originally posted 12/21)
Tablus raises $16M for yet another content compliance software effort
Tablus, a San Mateo start-up that provides content protection software, said it has raised $16 million in a second round funding from Trident Capital and Menlo Ventures. It is one of many players in the area, which includes companies like PortAuthority, Vontu and Reconnex.
Anne Bonaparte, president and CEO of Tablus was the former chief executive at MailFrontier, an email security company, also backed by Menlo Ventures. MailFrontier was acquired by SonicWall, so Bonaparte is out… Continue Reading
Leak prevention company PortAuthority gets $18M more
PortAuthority, the data leak prevention company, has raised $18 million more in venture backing. New investor New Enterprise Associates led the round. Existing investors Sequoia, Greylock, and Lexington Ventures also participated.
We talked with Kittu Kolluri, the NEA venture capitalist who made the investment and who sits on the Palo Alto company’s board. He said there are many competitors, including Vontu, Tablus and Reconnex, but that he chose to invest in PortAuthority because its ability to… Continue Reading