Israeli network security company Skybox Security recently completed a $2 million fund raising round. The participants were the company's existing investors: VC funds Benchmark Capital, Carmel Ventures, Lightspeed Venture Partners, and Valley Venture Capital, which bought the portfolio of the Mofet Israel Technology Fund, and Mitsubishi.
According to IVC, Skybox has so far raised $33 million, including the current round.
Skybox was founded in 2002 by Gidi Cohen, its CEO, Moshe Meiseles, and Eran Reshef. The company has developed software for assessing information security failures in an enterprise. Its product analyses weak points in the enterprise network and defines risks and potential failures.
The company's two previous rounds were larger than the current one: $10 million in 2004, and $8 million two years later.
Published by Globes [online], Israel business news - www.globes-online.com - on January 3, 2010
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