Tech Company Financing Transactions
Oakley Networks Funding Round
Oakley Networks, based in Salt Lake City, scored $12 million in funding from DAG Ventures.
Transaction Overview
Company Name
Announced On
8/1/2006
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
DAG Ventures (Thomas Goodrich)
Proceeds Purpose
The Series B financing round will be used to accelerate and expand the company's commercial sales and marketing efforts, and enable strategic technology acquisitions to expand its current insider threat solution offerings.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
2755 E. Cottonwood Pkwy 600
Salt Lake City, UT 84121
USA
Salt Lake City, UT 84121
USA
Phone
Website
Email Address
Overview
Oakley Networks is the leader in insider threat investigation and endpoint monitoring. Our customers include Fortune 100 companies in financial services, manufacturing, retail and technology; and our technologies have set the standard for insider threat protection for the U.S. Department of Defense.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derek Smith
Browse more venture capital transactions:
Prev: 8/1/2006: Divergence venture capital transaction
Next: 8/2/2006: AppliSonix venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs