Monday, December 12, 2005

Oakley Networks Raises $16M From Kleiner Perkins

Salt Lake City Utah-based Oakley Networks said this morning that it is launching a new product for preventing and detecting information leakage in companies, as well as disclosing a $16M investment from Kleiner, Perkins, Caufield & Byers and Fidelity Ventures. The firm said that its product provides real-time alerts of harmful data leakage from desktop applications. The company is targeting enterprise environments. Oakley reports that it had sales of approximately $30M in 2004, and that it was founded in 2001. Ted Schlein of Kleiner is a member of Oakley's board of directors. More information »