Solera Networks, a provider of network forensics and network monitoring solutions, announced today that it has closed $15 million in Series C financing. Trident Capital lead the round as a new investor and was also joined by Allegis Capital and Canopy Ventures who were previous investors.
Solera Networks will use the capital to expand sales and marketing activities, accelerate product development, and fuel the company’s next stage of growth.
While venture funding has slowed in many areas, the security space is hot. Trident Capital is digging the security space and has invested in several security companies including AirTight Networks, Arxan, HyTrust, Neohapsis, Qualys, Sygate, Tablus, Thor Technologies, Tricipher, and Voltage Security.
“Trident applies a sector-focused and thesis-driven security investment approach that focuses on pressing customer priorities, emerging security threats and regulatory compliance requirements,” said J. Alberto Yépez, Trident Capital managing director.
Solera Networks’ family of appliances capture, store, and index network traffic which can be tapped to provide real-time or historical visibility to threats.
Solera Networks recently partnered with malware prevention provider FireEye to deliver an integrated security solution that will not only block an attack, but also help IT security professionals figure out exactly what happened after the fact.