Xconomy Boston

NitroSecurity, Inc. Garners $10,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80484241-9845-43a4-b983-0ca5a7150fc1&Preview=1
Date
8/13/2008
Company Name
NitroSecurity, Inc.
Mailing Address
230 Commerce Way Portsmouth, NH 03801
Company Description
NitroSecurity is a leading provider of high-performance enterprise security solutions that deliver the industry’s first integrated network + security monitoring, analysis, and protection system.
Website
http://www.nitrosecurity.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Undisclosed
Proceeds Purposes
NitroSecurity will use the new monies to fund market expansion through sales, marketing and channel growth, as well as new product development.
M&A Terms
Venture Investor
NewSpring Capital
Venture Investor
First Analysis
Venture Investor
Brookline Venture Partners