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)

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform
  • networking features, and more
Become a member