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Venture Capital News: TraceVector Closes $5.3M

2012-01-03
FOREST HILLS, NY, Network security company TraceVector has raised $5.3 million in equity financing.
Network security company TraceVector has raised $5.3 million in equity financing, according to a regulatory filing. The company lists Khosla Ventures' Shirish Sathaye and IA Ventures' Brad Gillespie as board members. Three separate investors participated in the offering.

TraceVector brings together into one platform a powerful fusion of cutting-edge processor technology, software innovation and mathematical algorithms that will usher in a new era in network security. Designed by an intrusion guru, the firm's platform is envisioned to greatly surpass contemporary product offerings and achieve a new level of defensive capability not thought possible until now.
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