Vigil Raises $5.5 Mln from Polaris, Chase Capital, Softbank

Check Point founders Gil Shwed, Shlomo Kramer and Marius Nacht are also invested in the company.

Start-up company Vigil has raised $5.5 million in a second financing round, which was led by the Polaris venture capital fund. Additional investors are Chase Capital Partners and Softbank's investment house Seed Capital Partners.

In the previous round, completed at the beginning of the year, Check Point founders Gil Shwed, Shlomo Kramer and Marius Nacht invested in the company. Hambrecht & Quist's Eucalyptus fund also invested. Acting company general manager Gidi Cohen founded the company, assisted by Kramer who is a member of the company's board of directors.

The company says that the current round will enable it to set up a sales, marketing and support network for Vigil's flagstaff product e-Sense. The product enables business and technology people to gather customized information from anywhere on the Internet.

Published by Israel's Business Arena on November 23, 1999

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