PacketMotion C Round Grows to $8.4M

12/6/10

San Jose, CA-based PacketMotion, which makes employee monitoring software used by large enterprises to guard against compliance violations and “insider threats,” announced on December 2 that its recent Series C funding round has grown by $2.7 million and now totals $8.4 million. Athenian Ventures and Reservoir Venture Partners provided the extra funding. Also participating in the company’s Series C round were existing investors, including Intel Capital, Mohr Davidow Ventures and Onset Ventures.

Wade Roush is a contributing editor at Xconomy. Follow @

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