Fidelis Security Systems gets $22M for network security
Fidelis Security Systems is a network security firm with a focus on extrusion prevention — in essence, stopping leads of data like credit card information, which have plagued large companies of late.
Based in Bethesda, Maryland, Fidelis was founded in 2002. However, this funding is only the second full venture round that the company has taken.
The $22 million investment was led by Tudor Ventures, and new investor Point Judith Capital also participated. Previous investors Inflection Point Ventures, Ascent Venture Partners and the Maryland Venture fund came on as well.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.