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Guardium Raises $5.5 Million in 3rd Financing Round; Ascent Venture Partners Leads Investment Group to Provide Funding for Guardium's Continued Rapid Growth in Database Security Market.

Publication: Business Wire
Publication Date: 12-AUG-05
Format: Online - approximately 682 words
Delivery: Immediate Online Access

Article Excerpt
WALTHAM, Mass. -- Guardium, Inc., a leader of database security and compliance solutions, today announced it has secured $5.5 million in a third round of financing. The round was led by new investor Ascent Venture Partners and includes existing investors Cedar Fund, Veritas Venture Partners and Stage One Ventures. This raises Guardium's total venture capital investment to date to $15 million.

Guardium also announced that, as part of this funding, Ascent Partner Geoff Oblak is joining its board, which also recently expanded with the addition of Amit Yoran, the Nation's former Cyber Security Chief.

Guardium will use the funding to expand...

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