ProtectWise Gets $20M In Series B

Denver-based network security software developer ProtectWise announced this morning that it has raised $20M in a Series B funding round. The funding was led by Tola Capital, and also included Crosslink Capital, Trinity Ventures, Paladin Capital Group and Arsenal Venture Partners. The company said Tola Capital's Sheila Gulati has joined the company's board with the funding round. ProtectWise is led by Scott Chasin. The company's product captures an enterprises' network traffic, allowing those companies to better monitor and respond to security threats and attacks. The company has now raised more than $37M in funding. More information »