Napera Networks Nabs $6M

Mercer Island, WA-based Napera Networks, a maker of network security systems for businesses, closed a $6 million round of funding led by OVP Venture Partners, as reported by TechFlash, which cites a state regulatory filing. It wasn’t immediately clear when the deal had closed, but an OVP spokesperson said it wasn’t new. Margaret Dawson, Napera’s vice president of marketing, wrote in an e-mail, “OVP has been our strategic investment partner since our founding and provided seed financing for our company and for Series A.”

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.