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Vormetric tallies $10 million in funding

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Vormetric announced Monday that it raised a $10 million second round of funding, led by Sigma Partners. Previous investors Vanguard Ventures and QTV Capital also participated in the round. San Jose, Calif.-based Vormetric has raised a total of $14 million. Vormetric develops an appliance that is designed to tie security to data, in an effort to protect the information even if a company's firewall is violated.