Monday, March 21, 2005

Nominum Secures $16 Million for IP Address Management

Nominum, a start-up based in Redwood City, California, raised $16 million in new funding for its IP address infrastructure solutions for Global 2000 companies. Nominum's Foundation product family includes scalable, reliable and secure DNS and DHCP servers and IP address management (IPAM) systems.

The new funding round was led by Advanced Technology Ventures (ATV). Existing Nominum investors Bessemer Venture Partners, Morgenthaler Ventures, Globespan Capital Partners, Presidio Venture Partners, Silicon Valley Bank and other strategic investors also participated in the funding round. With the new funds, the total equity investment in Nominum is now $45 million.

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