Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Solera Networks Raises $15M

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

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

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.

Written By

For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cyberwarfare

Websites of German airports, administration bodies and banks were hit by DDoS attacks attributed to Russian hacker group Killnet

Network Security

NSA publishes guidance to help system administrators identify and mitigate cyber risks associated with transitioning to IPv6.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Identity & Access

Hackers rarely hack in anymore. They log in using stolen, weak, default, or otherwise compromised credentials. That’s why it’s so critical to break the...

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.