Untangle: $10.5 million VC Funding
Leading the new executive team for Untangle is President and CEO Bob Walters, former president and CEO of Teros, a market-share leader in the web application firewall market. The two major investors of the Series A round are CMEA Ventures and Rustic Canyon Partners.
Untangle’s solutions today – which focus on network security, safe messaging, and control of web usage – allow businesses with fewer than 150 employees to “untangle” their IT infrastructure. With just a few mouse clicks, small businesses can download and activate network applications that have been pre-configured for a small business environment.