Tuesday, March 28, 2006

Feld Thoughts: Checkpoint / Sourcefire

"Check Point and Sourcefire announced the cancellation of their deal on Thursday. This was a very nice deal for Sourcefire and its investors, as Check Point was paying $225 million for the company. Sourcefire had raised a total of about $33 million so the early investors, including Sierra Ventures, probably made about 15x, NEA which was a round 2 investor probably made about 10x, and Sequoia � which was a round 3 investor, probably made about 3x."

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