PacketMotion Garners $2,700,000 Series C Financing

  • Feed Type
  • Date
    12/3/2010
  • Company Name
    PacketMotion
  • Mailing Address
    110 Baytech Drive 2nd Floor San Jose, CA 95134
  • Company Description
    PacketMotion is the developer of the industry’s first security appliance that gives businesses the ability to see user activity inside their networks as it happens, allowing them to identify improper actions in real time and to instantly respond. The PacketSentry system captures extremely detailed information on what people are doing on the network and presents it in an intuitive manner so that decisions on how to respond can be made before any damage is done. PacketSentry works with an organization’s existing infrastructure and processes to cost-effectively safeguard assets, automate compliance and governance practices, and reduce business risk.
  • Website
    http://www.packetmotion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,700,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    PacketMotion will use the money to expand sales and marketing for its security platform, which helps companies meet compliance and audit requirements and mitigate network security threats.
  • M&A Terms
  • Venture Investor
    Athenian Venture Partners

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