Security firms rake in funding

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Venture-capital firms are pouring millions into IT security firms.

Four companies have recently received financing: Anti-spyware and privacy firm Tenebril; SenSage, a maker of systems for collecing, storing, and analyzing event log data; enterprise digital rights management firm SealedMedia; and Intrusic, which makes technology to detect and remediate internal network breaches.

Tenebril received $6.5 million in Series A funding from venture firm Sierra Ventures. The company plans to use the money to further expand into the enteprise and consumer markets and to support its spyware research center.

SenSage secured an additional $10 million in Series C financing led by Mitsui & Co. Venture Partners. Current investors Canaan Partners, Sierra Ventures and Battery Ventures participated in the funding. SenSage executives said they plan to use the financing to further develop its technology and management team.

SealedMedia garnered $8.5 million of new equity from Crescendo Ventures and Pond Venture Partners to finance its market and product development. The company plans to use the investment to to speed growth in selected markets, such as Germany and France.

Intrusic closed $8 million in A-2 funding led by North Bridge Venture Partners and including previous investors Draper, Fisher Jurvetson and DFJ New England. Intrusic said the money will support expanded sales and marketing goals and product development activities.

www.tenebril.com
www.sensage.com
www.sealedmedia.com
www.intrusic.com

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