ForeScout Technologies raises $8M for network policy management
ForeScout Technologies, a firm that makes a security platform combining clientless network access control (NAC) and intrusion prevention, has raised $8 million from previous investors.
ForeScout’s CounterACT appliance works without software installation by individual devices on a network, thus attempting to remain invisible to users.
NAC has been gaining favor in corporate IT departments, and ForeScout has been on top of the wave; according to the company, it grew 80 percent last year.
The funding was provided to the Cupertino, Calif.-based company by Accel Partners, Amadeus Capital Partners, Meritech Capital Partners and Pitango Ventures. ForeScouts previous round, its fourth, was for $11.25 million, and also included only returning backers.
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Tags: co:forescout-technologies, deal, inv:accel-partners, inv:Amadeus-Capital-Partners, inv:Meritech-Capital-Partners, inv:Pitango-Ventures
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.
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