Vontu’s $350M win shows how patience, focus pays off
If you’re an entrepreneur, you may want to avoid the Web 2.0 area, which is littered now with unpromising me-too ideas. You may want to consider something less sexy — data security, for example.
Vontu, a six-year-old Silicon Valley (Cupertino, Calif.) company which makes software to avoid data loss, said it has been acquired by Symantec, the maker of Norton security software, for a cool $350 million. That’s ten times the amount invested in Vontu by… Continue Reading
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