Fidelis Security Systems gets $22M for network security

Fidelis Security Systems is a network security firm with a focus on extrusion prevention — in essence, stopping leads of data like credit card information, which have plagued large companies of late.

Based in Bethesda, Maryland, Fidelis was founded in 2002. However, this funding is only the second full venture round that the company has taken.

The $22 million investment was led by Tudor Ventures, and new investor Point Judith Capital also participated. Previous investors Inflection Point… Continue Reading

Life sciences briefing: Wednesday, Aug. 8, 2007

Life sciences briefing: Wednesday, Aug. 8, 2007

Featured companies: NeurAxon, TechniScan Medical Systems, ViewRay, Advion BioSystems, NanoTek, Cerionx, Ionscope, EncorePath

NeurAxon to raise $25M for pain treatment – Waltham, Mass.-based NeurAxon, which just named Lawrence Bloch as its new CEO last week, now plans to raise $25 million in a second funding round this quarter, VentureWire reports (subscription required). The round is slated to wrap up when — and if — the company’s lead drug, a migraine treatment that targets an enzyme called neuronal nitric… Continue Reading