Untangle raises $8 million round to expand overseas for open-source security appliances
Untangle has raised $8 million in a second round of funding for an overseas expansion of its open-source networking and security business.
Investors include CMEA Ventures and Rustic Canyon Ventures, the same companies that invested $10.5 million Untangle’s first round of funding, according to VentureWire. (Our previous coverage of Untangle is here).
The company has raised about $20 million to date. Based in San Mateo, Calif. and founded in 2005, the company makes network and security appliances… Continue Reading
Metavize relaunches as Untangle, offers free on-demand security software
Metavize, a San Mateo start-up that offers security software to small or medium sized companies, has released a new online dashboard that gives company access to a host of free and other security applications.
It has also renamed itself Untangle, chief executive Bob Walters told VentureBeat in a pre-briefing last week.
It is offering network security products for free, including firewall, VPN, intrusion prevention and antivirus applications. It can afford to do so because it built the… Continue Reading