Altor Secures $6M
Altor Networks secures $6M financing round from Accel Partners and Foundation Capital
April 22, 2008
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REDWOOD CITY, Calif. -- Altor Networks, pioneering a new class of virtual network security solutions, today announced it has secured a $6 million second round of financing led by Accel Partners and Foundation Capital. The funds will be used to accelerate the companys market expansion being fueled by early market demand for its Virtual Network Security Analyzer™ (VNSA) and Virtual Network Firewall™ (VNF).
According to Jon Crotty, IDC research analyst, security products and services, “The proliferation of virtualization deployments worldwide is creating new traffic auditing, security best practices and regulatory compliance challenges. Consequently, there is a significant opportunity for a new class of security products, integrated tools and appliances, purpose-built for virtualized data centers, which can effectively address these emerging requirements.”
Altor Networks Inc.
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