Wednesday, April 15, 2009

Solera Networks Raises $7M

Lindon, Utah-based Solera Networks announced this morning that the firm has raised $7M in funding. According to Solera, the Series B venture funding was led by Allegis Capital, and also included prior investor Canopy Ventures. Solera said the funding will go towards sales and marketing, and in particular towards a new office in Washington DC and Japanese operations. Spencer Tall and Robert Ackerman of Allegis will join the firm's board along with the funding. More information »