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Canada : EDISON PARTNERS carries on financing of cyber-security firm [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Edison Partners has followed up on its spending in eSentire, joining Georgian Partners, Cisco Capital, Northleaf Capital Partners and VentureLink in the latest round of funding. Ontario, Canada, ESentire is a cyber-security threat protection and solutions firm. ESentire will make use of $14 million from the investors to carry on its delivery of threat protection solutions and managed security services, in addition to expand its sales and marketing worldwide across North America and Europe. Lenard Marcus, Edison Partners and eSentire board member, said: With 100 percent year-over-year growth, the eSentire team has proven its ability to effectively penetrate and lead the cyber-security market. We are pleased to continue to support the team in its product innovation and market expansion initiatives, as they add critical infrastructure and IP-based markets, such as technology and bio-pharma. eSentire CEO J. Paul Haynes added: We re delighted to have Edison s continued support, as this is a partnership that has gone way beyond capital to helping us validate our strategy and accelerate sales. Through Edison s expertise and network within financial services and enterprise technology, we ve not only gained an instant-on sales organization, but also introductions to great prospects. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). |