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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.

Dawn Kawamoto
Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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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.