SANTA CLARA, Calif.—Intel Capital, the venture capital arm of Intel Corp., led a $20 million round of investment in Solera Networks Inc., a provider of network security analytics, Solera said Monday (Jan. 30).
In addition to Intel, existing investors Allegis Capital, Signal Peak Ventures and Trident Capital also joined the Series D funding round, Solera (Salt Lake City) said. The company said it would use the new funds to help support the company’s growth by further expanding global sales, marketing and product development initiatives.
“With increasingly large amounts of data crossing corporate networks, organizations must balance advanced threat prevention with an aggressive and proactive response system to be fully prepared when an inevitable breach occurs," said Sean Cunningham, Intel Capital investment director. "We see companies continuing to realize that real-time, intelligent incident response is now an essential component of their security strategy."
Intel is taking security seriously - acquired McAfee and has incorporated security extensions into its CPU. This is a way for Intel to enable end to end security from the processor and through the network in an integrated manner. Definitely needed in the next decade which will see even more state sponsored hacking.
Data Security over internet is a very strategic requirement and actually it is a never ending process, companies will have to go on paying to the security companies. In the present era of increasing speed gateways, it will create a requirement of the security solution side as well, so there is a very fine space for development, this might be the goal of Intel.
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