Fortinet buys assets from Ethernet co. Woven
Network security company Fortinet has acquired fabric Ethernet provider Woven Systems to boost the efficiency and speed of its offerings, reports PE Hub. Santa Clara, Calif.-based Woven’s claim to fame is that it makes some of the smallest and densest 10-gigabit network switches in the world, competing with Force10 Networks and even Cisco Systems. This switching power will help Fortinet scale its own security provisions, the Sunnyvale, Calif., company says.
Woven Systems raised $35 million in… Continue Reading
Laszlo Systems, developer of Ajax applications, raises $6.6M more
Laszlo Systems, the original developer of OpenLaszlo, an open source platform for building and deploying advanced Ajax applications, has raised $6.6 million more for its third round of financing.
This is apparently in addition to the$8 million in funding the company got more than a year ago (see our coverage).
Investors include WI Harper Group, General Catalyst Partners, Sofinnova Ventures, Mitsui & Co. Venture Partners and others.
The San Mateo-based company offers a product called OpenLaszlo, which has… Continue Reading