Palo Alto Networks Raises $18 Million in Series B Financing - Palo Alto Networks
Summary
SAN JOSE, Calif., June 25, 2007– Palo Alto Networks today announced that it has secured $18 million in Series B financing. They include two of the most internationally respected pioneers in security – Palo Alto Networks Co-founder and Chief Technology Officer Nir Zuk and Shlomo Kramer, member of the board of directors. “Security solutions that classify traffic based only on port and protocol are unable to identify and therefore control applications traversing the network. With this new financing, our company is well positioned to drive our initial growth phase.” Palo Alto Networks™ enables visibility and policy control of applications running on enterprise networks. Enterprises can now set and enforce application usage policies to meet compliance requirements, improve threat mitigation and lower operational costs.