Tech Company Financing Transactions

Lancope Funding Round

On 3/11/2003, Lancope secured $5 million in Series B funding from Council Ventures, GMG Capital Partners and H.I.G. Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Council Ventures (Dennis Bottorff)

GMG Capital Partners (Joseph Gfoeller)

H.I.G. Capital (David Kettler)

Proceeds Purpose
Lancope will use the infusion of capital to finance new product development initiatives, enhance the current product line, and expand sales and marketing functions in response to growing demand for the Company's award-winning, behavior-based StealthWatch" Intrusion Detection Systems.

Company Information

Company Status
Acquired or Merged
Enterprise IT
Mailing Address
3650 Brookside Pkwy 5400
Alpharetta, GA 30022
Email Address
Lancope is the leading provider of next-generation network integrity solutions that deliver behavior-based threat defense, policy enforcement and insightful network intelligence.
Lancope LinkedIn Company Profile
Social Media
Lancope Company Twitter Account
Company News
Lancope News
Lancope on Facebook
Lancope on YouTube

Management Team

Email & Social
Chief Executive Officer
Mike Potts
  Mike Potts LinkedIn Profile  Mike Potts Twitter Account  Mike Potts News  Mike Potts on Facebook
VP - Bus. Development
Tom Albert
  Tom Albert LinkedIn Profile  Tom Albert Twitter Account  Tom Albert News  Tom Albert on Facebook
VP - Marketing
Jody Kissling
  Jody Kissling LinkedIn Profile  Jody Kissling Twitter Account  Jody Kissling News  Jody Kissling on Facebook
VP - Operations
Jason Anderson
  Jason Anderson LinkedIn Profile  Jason Anderson Twitter Account  Jason Anderson News  Jason Anderson on Facebook
VP - Product Management
Kerry Armistead
  Kerry Armistead LinkedIn Profile  Kerry Armistead Twitter Account  Kerry Armistead News  Kerry Armistead on Facebook
VP - Sales
David Scruggs
  David Scruggs LinkedIn Profile  David Scruggs Twitter Account  David Scruggs News  David Scruggs on Facebook



Browse more venture capital transactions:

Prev: 3/10/2003: Aristos Logic venture capital transaction
Next: 3/11/2003: Virtela Communications venture capital transaction


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