iPolicy Networks adds $26M in funding

San Jose Business Journal, Feb 2, 2004

Fremont-based privately-held iPolicy Networks, which sells a unified security system for computer networks, says it's closed over $26 million in funding. The financing will be used for marketing an expanded line of products.

The round was led by WK Technology Fund, Clearstone Venture Partners and Dali Hook Partners.

"The new funds also allow us to rapidly expand into the enterprise market while continuing to address the needs of the managed security service providers," says Prabhu Goel, chairman and CEO.