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Untangle: $10.5 million VC Funding

Untangle, Inc. (formerly Metavize, Inc.), an emerging leader in simplifying the way small businesses get the information technology they need, today announced a new executive team and the close of a $10.5 million Series A round of financing.

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.