NetScaler Raises $13 Million

Funding Rounds

▤ Summary

NetScaler Inc., Santa Clara, Calif., raised $13 million in series E funding. The round was led by Sequoia Capital and included Goldman Sachs & Co., Bay Partners and Gabriel Venture Partners. The funds will be used to promote product availability and new marketing and sales initiatives. Gaurav Garg, a senior partner at Sequoia Capital, was named to the companys board. NetScaler (www.netscaler.com) provides traffic-control systems for companies Web applications.

$ Funding

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Amount $13.0M Total raised
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Date January 13, 2003 Announcement date
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Investors Goldman Sachs, Bay Partners, GABRIEL VENTURES LTD Lead investors
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Company http://www.netscaler.com Funded company

▥ Classifications

industries
HealthTech
applications
Networking and Cloud

◇ AskAI Classifications

Labels
Application Delivery Controller API Security Load Balancing

▦ Linked Companies

NetScaler
$500M to $1B