RedSeal closes in on $12M for to manage security risks
RedSeal, a maker of software that keeps track of security risks for businesses, is just $200,000 shy of a $12 million round of equity, according to a filing with the SEC. The San Mateo, Calif. company is backed by Jafco Ventures, Leapfrog Ventures, Sutter Hill Ventures and Venrock. It last brought in $17.1 million in a second round of venture funding in 2007.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.