Safeweb links up to $4 million in funds
Safeweb, a maker of networking hardware, has raised $4 million in a third round of financing, the Emeryville, Calif. company said. Safeweb's products are designed to help people access their corporate networks from the Web, allowing them to connect to e-mail, network files and other applications when outside the office.
The company, which has raised total of $13 million, uses the Secure Socket Layer (SSL) protocol, embedded in most Web browsers, to authenticate people's identity before letting them through a network firewall. Investors in Safeweb's third round include Chilton Capital Management and Kingdon Capital Management, both of whom invested in the company's prior rounds of financing.
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