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Mazu Networks picks up $12 million

Mazu Networks raised $12 million in a second round of funding. New investor Pilot Ventures Group led the round, which included participation from the company's first-round investors Greylock, Matrix Partners and Benchmark Capital. Cambridge, Mass.-based Mazu Networks makes network-security software for businesses and will use the new financing to support its sales and product-development activities.

Mazu Networks raised $12 million in a second round of funding. New investor Pilot Ventures Group led the round, which included participation from the company's first-round investors Greylock, Matrix Partners and Benchmark Capital. Cambridge, Mass.-based Mazu Networks makes network-security software for businesses and will use the new financing to support its sales and product-development activities.