X

Guardent grabs $20 million

Security provider Guardent said Tuesday it received a $20 million third round of funding led by Citigroup's e-Citi Unit. Mercury Interactive, along with previous investors Charles River Ventures, New Enterprise Associates, and Sequoia Capital, also participated in the round. Guardent has raised a total of $50 million and the latest proceeds will be used to expand the company's security and consulting business. The Waltham, Mass.-based company also announced it acquired DefendNet Solutions' customer list and technology, giving it a backup hosting site in Rhode Island. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Security provider Guardent said Tuesday it received a $20 million third round of funding led by Citigroup's e-Citi Unit. Mercury Interactive, along with previous investors Charles River Ventures, New Enterprise Associates, and Sequoia Capital, also participated in the round. Guardent has raised a total of $50 million and the latest proceeds will be used to expand the company's security and consulting business. The Waltham, Mass.-based company also announced it acquired DefendNet Solutions' customer list and technology, giving it a backup hosting site in Rhode Island.

See complete list.