Oakley Gets $12M

Salt Lake City, Utah-based Oakley Networks has received $12M in a Series B funding, the firm said this morning. Oakley said that the funding came from Duff Ackerman & Goodrich Ventures. Oakley Networks said that the funding will be used to accelerate and expand the company's sales and marketing efforts, and enable strategic technology acquisitions. Oakley develops information security software. As part of the funding, Tom Goodrich of DAG will join the company's board of directors. More information »