Solera Networks Raises $20 Million in Series D

Solera Networks Inc., a network security analytics provider, has secured $20 million in Series D financing led by Intel Capital.

Intel Capital is joined by existing investors Allegis Capital, Signal Peak Ventures and Trident Capital.

The new funds will help support the company’s growth by further
expanding global sales, marketing and product development initiatives.

"With increasingly large amounts of data crossing corporate networks,
organizations must balance advanced threat prevention with an
aggressive and proactive response system to be fully prepared when an
inevitable breach occurs. We see companies continuing to realize that
real-time, intelligent incident response is now an essential component
of their security strategy," said Sean Cunningham, Intel Capital Investment Director. "Solera
Networks delivers a scalable, high-performance solution that addresses
these challenges and is the only independent platform capable of broad
integration. We are very optimistic about where Solera is headed."

Solera’s Series D financing round follows a year of momentum – with
domestic and international growth exceeding 100% in 2011. Its DeepSee
platform continues to redefine rapid and proactive threat response using
advanced Deep Packet Inspection capabilities to capture, index and
classify all network traffic in real-time. Moreover, Solera delivers an
independent platform capable of broad integration with best-in-class
security tools.

The addition of Intel Capital and its expertise with processor,
networking, and storage technologies is expected to fuel more advanced
capabilities in future product releases.

"Malware entering the network and key intellectual property leaving
are top-of-mind for every Chief Information Security Officer, and for
Solera Networks. We’re providing complete visibility into what’s
happening on the network, including all threats coming in and all data
going out, allowing organizations to shut down breaches before they
result in widespread loss," said Steve Shillingford, President and CEO of Solera Networks. "We’re
seeing broad adoption of our full-fidelity ‘camera for your network’
technology, providing CISOs and CEOs the added assurance that all
breaches are contained, maintaining our customers’ reputation and
mitigating their financial risk."

Analyst Andrew Hay of 451 Research said: "For comprehensive threat
protection, organizations need complete network visibility; this,
coupled with advanced analytics and intelligence, will enable businesses
to respond faster to security threats. Solera’s focus in this area,
combined with growing market awareness and interest in network and
security visibility, will likely help propel the company’s growth in
2012 and beyond."