PacketMotion raises $5M for network management
PacketMotion, a San Jose, Calif. provider of enterprise network monitoring and compliance technology, has raised $5 million in a third round of funding to build the sales and marketing operations for its PacketSentry Manager and Probe, a program that helps mid to large-sized companies comply with audit requirements.
Reservoir Venture Partners led the recent round of financing, which included Intel Capital, Mohr Davidow Ventures and Onset Ventures.
Next Story: Power.com lawsuit against Facebook dismissed
Previous Story: Millennial moms taking over the Internet, study says
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.