Sunday, October 9, 2005

Sensory Networks Raises $10 Million

Sensory Networks, a start-up based in Palo Alto, California with R&D in Sydney, Australia, closed US$10 million in new financing for its network security acceleration technology.

Sensory Networks said its NodalCore acceleration technology enables developers of next-generation network security products to protect today's high-traffic networks by maintaining wire-speed performance without sacrificing accuracy or threat coverage.

The NodalCore Security Processing Unit (SPU) is a 64-bit dedicated processor designed for high-speed scanning, analysis and classification across a wide range of security applications including anti-virus, anti-spyware, anti-spam, intrusion detection/prevention and content filtering. Combined with Sensory Networks' suite of accelerated software libraries, commercial security applications and development tools, products built with NodalCore can be rapidly brought to market with low risk and low cost.

The funding round was led by the Individuals' Venture Fund and the Xilinx Technology Growth Fund. Existing investors Deutsche Bank Capital Partners Ericsson Deutsche Technology Fund, JAFCO Investment (Asia) and Technology Venture Partners also participated in the round.

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