Monday, February 07, 2005

Webroot latches on to $108 million in VC funding

Webroot Software is expected to announce Monday that it received a whopping $108 million round of venture funding--another sign that venture capitalists are laying down big bets on security technology.

Webroot, an antispyware developer, received its venture round from Accel Partners, Mayfield and Technology Crossover Venture Partners. The funding round far exceeds the $45 million raised by e-mail security appliance vendor IronPort, which ranked among the top VC investments last year.

[ZDnet]

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