NCircle, a corporate network security company, buys Cambia, and raises $5M
NCircle, a San Francisco network security appliance company, has acquired Cambia Security, of Alpharetta, Ga, a provider of compliance management equipment.
See announcement here.
NCircle has also raised $5 million more in capital, according to VentureWire:
The all-stock transaction will give shareholders of Cambia a 15% stake in nCircle, making JK&B Capital, Cambia’s largest shareholder, one of nCircle’s four largest shareholders, according to Abe Kleinfeld, president and chief executive of nCircle, who declined to provide the value of the transaction.
NCircle makes appliances that can be hooked up to a network to check all the equipment, even phones and printers, for security vulnerabilities…
Menlo Ventures, BV Capital and Alta Partners also invested.
(originally published 5/24)
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