CipherOptics, a start-up based in Raleigh, North Carolina, raised $21 million for its scalable network encryption.
CipherOptics offers policy and key management solutions along with wire-speed encryption appliances for securing networks without changing the underlying infrastructure or application performance.
The new funding round was led by existing investor Adams Capital Management and included new investors Blue Heron Capital, Intuitive Venture Partners, Next Stage Capital, Kestrel Asset Management and other individuals joining Origin Partners and Axiom Venture Partners as investors.
http://www.cipheroptics.com