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Trident Sees 3.4x Return On Solera Exit

Blue Coat System’s acquisition of Solera Networks is the latest exit of a venture-backed security company, and a lucrative one, too. Allegis Capital, an early backer of Solera, expects a return of more than 10x on its first money. Trident Capital also is turning a tidy profit.

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Solera Acquisition Highlights Promise of Cybersecurity Investments

Blue Coat Systems’ purchase of Solera Networks is not only good news for Allegis Capital, but also a healthy reminder of the major opportunity in building technology-based defenses against successful cyber attacks, writes Bob Ackerman, Allegis Capital founder and peHub guest columnist.

Solera Raises $20M From Intel, Allegis, Signal Peak, Trident

Solera Networks said it raised $20 million in a Series D financing led by Intel Capital and joined by existing investors Allegis Capital, Signal Peak Ventures and Trident Capital. The Salt Lake City security company will use the money to expand global sales, marketing and product development efforts. PRESS RELEASE Solera Networks Raises $20 Million in Series […]

And Then There Were Four: Q&A with Andreessen Horowitz’s Newest GP Scott Weiss

Andreessen Horowitz has raised roughly a billion dollars since opening its doors in June 2009, so it should surprise no one that the firm — run by Marc Andreessen, Ben Horowitz, and John O’Farrell — has just brought aboard a fourth GP.

More surprising is that the firm’s newest hire, IronPort Systems cofounder Scott Weiss, doesn’t have much experience as a venture capitalist. (Neither did Andreessen and Horowitz or O’Farrell, who was most recently a vice president at Silver Spring Networks.)

“The goal is to…build a new culture, a new way of evaluating companies, and a new way to build companies,” says Horowitz. “To do that, it didn’t make sense to bring in people from the old culture…

As Data Leakage Hits Headlines, Cyber “Forensics” Startup Gets New Talking Point (and VC Funding)

Right now, military investigators are examining computers used by Bradley Manning, the U.S. Army intelligence analyst suspected of leaking thousands of military documents published Sunday by WikiLeaks.

In part, they may be using technology of Solera Networks. The Salt Lake City-based startup has been selling its real-time network forensics and network monitoring platform into federal agencies like the CIA and Department of Defense for several years. Its pitch? That it’s virtually impossible to stop hackers, but dissecting how a crime was committed can prove exceedingly helpful in its immediate aftermath.

Indeed, like a growing number of security startups, not only can Solera pinpoint precisely what information was stolen, but its newest technology enables customers to recreate Web pages visited on their networks. “Now, if you visit a Website and send information you shouldn’t have, we can visually reconstruct Web pages exactly as they were when you went there and show [our clients] what you typed,” says CEO Steve Shillingford, who joined Solera in 2007 from Oracle, where he’d been a sales executive.

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