Wednesday, June 28, 2006

Cranite Finds $11.5M

Cranite, a provider of network security services, has raised another round of venture capital from Warburg Pincus and existing investors. Existing investors include JK&B Capital, Diamondhead Ventures, BV Capital, Selby Ventures, Industry Ventures, and Pacifica Fund. The company said it will use the funding to build out its existing product line and to expand its presence in the financial services, government and healthcare sectors. More information »