Network storage security company Decru has raised $27 million in its second round of financing. The round included investments from venture capital firms Benchmark Capital, Greylock and New Enterprise Associates. In-Q-Tel, a U.S. Central Intelligence Agency-backed venture capital firm, also participated in the round.
Redwood City, Calif.-based Decru was co-founded by former Electronics for Imaging Chief Executive Dan Avida and Stanford University associate professor Serge Plotkin. Decru has raised a total of more than $43 million in funding. The company said the money will be used for product development and sales and marketing.