Palo Alto Networks Lands $27,000,000 Series C Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=433d8816-6e15-4f33-b151-cf042b2afbd8&Preview=1
Date
8/18/2008
Company Name
Palo Alto Networks
Mailing Address
232 East Java Drive Sunnyvale, CA 94089-1318
Company Description
Palo Alto Networks enables visibility into—and policy-based control over—applications running on enterprise networks.
Website
http://www.paloaltonetworks.com
Transaction Type
Venture Equity
Transaction Amount
$27,000,000
Transaction Round
Series C
Proceeds Purposes
The new funds will be used to support the company’s rapid growth by further expanding sales, marketing and customer service initiatives.
M&A Terms
Venture Investor
Lehman Brothers Venture Partners
Venture Investor
Jafco Ventures America Inc
Venture Investor
Greylock Partners
Venture Investor
Sequoia Capital