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Venafi Lands $5 M Series B Funding

Wednesday, November 15, 2006 7:00:00 AM PDT | VentureDeal Staff

DRAPER, UT  --  Venafi, Inc., a provider of enterprise encryption lifecycle management solutions, announced the closing of a second round of funding of $5 million following its first round of $11 million.

The company makes software that assists medium and large enterprises in deploying and managing large encryption packages.

Foundation Capital led the round with existing investors Origin Partners and UV Partners also participating.

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