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Tech Industry

NetOctave snags $7.8 million

NetOctave has received a $7.8 million second round of funding, led by Intersouth Partners. Other investors included Intel Communications Fund, Kitty Hawk Capital, MCNC, North Carolina Enterprise Fund and Wakefield Group. Research Triangle Park, N.C.-based NetOctave has raised a total of $23.4 million. The company designs chips for the security market.

NetOctave has received a $7.8 million second round of funding, led by Intersouth Partners. Other investors included Intel Communications Fund, Kitty Hawk Capital, MCNC, North Carolina Enterprise Fund and Wakefield Group. Research Triangle Park, N.C.-based NetOctave has raised a total of $23.4 million. The company designs chips for the security market.