Tech Company Financing Transactions

Palo Alto Networks Funding Round

Globespan Capital Partners, Greylock Partners and Sequoia Capital invested in a $18 million Series B funding round for Palo Alto Networks. The round closed on 6/25/2007.

Transaction Overview

Company Name
Announced On
6/25/2007
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series B
Investors

Globespan Capital Partners (Lead Investor) (Venky Ganesan)

Greylock Partners (Asheem Chandna)

Sequoia Capital (James Goetz)

Proceeds Purpose
The new funds bring total financing in the company to $28 million and will be used to expand sales, marketing and engineering initiatives.

Company Information

Company Status
Publicly-held
Industry
Security
Mailing Address
3000 Tannery Way
Santa Clara, CA 95054
USA
Email Address
Overview
Palo Alto Networks (NYSE: PANW) enables visibility into--and policy-based control over--applications running on enterprise networks.
Profile
Palo Alto Networks LinkedIn Company Profile
Social Media
Palo Alto Networks Company Twitter Account
Company News
Palo Alto Networks News
Facebook
Palo Alto Networks on Facebook
YouTube
Palo Alto Networks on YouTube

Management Team

Title
Name
Email & Social
Chairman
Mark McLaughlin
  Mark McLaughlin LinkedIn Profile  Mark McLaughlin Twitter Account  Mark McLaughlin News  Mark McLaughlin on Facebook
Chief Executive Officer
Nikesh Arora
  Nikesh Arora LinkedIn Profile  Nikesh Arora Twitter Account  Nikesh Arora News  Nikesh Arora on Facebook
Chief Marketing Officer
René Bonvanie
  René Bonvanie LinkedIn Profile  René Bonvanie Twitter Account  René Bonvanie News  René Bonvanie on Facebook
Chief Technical Officer
Nir Zuk
  Nir Zuk LinkedIn Profile  Nir Zuk Twitter Account  Nir Zuk News  Nir Zuk on Facebook
President
Mark Anderson
  Mark Anderson LinkedIn Profile  Mark Anderson Twitter Account  Mark Anderson News  Mark Anderson on Facebook
VP - General Counsel
Jeff True
  Jeff True LinkedIn Profile  Jeff True Twitter Account  Jeff True News  Jeff True on Facebook
VP - Product Management
Lee Klarich
  Lee Klarich LinkedIn Profile  Lee Klarich Twitter Account  Lee Klarich News  Lee Klarich on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/24/2007: Tempo Payments venture capital transaction
Next: 6/25/2007: Rivermine Software venture capital transaction

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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