Palo Alto Networks Adds $10 Million


Palo Alto Networks Inc., a Sunnyvale, Calif.-based provider of enterprise network security solutions, has raised $10 million in additional Series C funding. Jafco Ventures led the tranche, with JAIC and Northgate Capital also participating. The company previously held a $27 million first close led by Lehman Brothers Venture Partners, with return backers Globespan Capital, Greylock Partners and Sequoia Capital also participating. The company has now raised around $64 million in total funding. www.paloaltonetworks.com