PortAuthority Technologies Raises $13.4 Million

"PortAuthority Technologies(TM), formerly Vidius, the leader in Information Leak Prevention, today announced that it has raised Series C financing of $13.4 million. Greylock Partners and Sequoia Capital led this round with existing investor Lexington Ventures also participating. The expansion of its leadership team and its board of directors, including the appointment of security industry veteran Pete Foley as president and chief executive officer, positions PortAuthority Technologies to capitalize on the rapidly growing Information Leak Prevention market. "

[Press Release]