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CloudPassage raises $14 million in Series B financing
[April 12, 2012]

CloudPassage raises $14 million in Series B financing

Apr 12, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- CloudPassage, Inc., a US-based cloud server security provider, has completed a $14 million Series B financing round led by Tenaya Capital, with participation from existing investors Benchmark Capital and Musea Ventures.

The transaction brings CloudPassage's total funding to $21 million.

Deal Value (US$ Million) 14 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2012-04-11 Deal Participants Target (Company) CloudPassage, Inc.


Deal Rationale CloudPassage will use the financing to accelerate market penetration of Halo, a cloud server security platform and extend its functionality with groundbreaking innovations previously in stealth development.

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