Wednesday, September 3, 2008

Securify Acquired By Secure Computing

Cupertino-based Securify, a provider of network-based security products, is being acquired by Secure Computing Corporation in a $15M deal. San Jose-based Secure Computing Corporation announced the acquisition Wednesday afternoon, saying it would pay $15M plus up to $5M in earnout for Securify. Secure Computing develops enterprise security products. Securify's appliances are used to monitor network traffic and enforce security policies. Securify was venture backed by Benchmark Capital, FirstMark Capital, JPMorgan Partners, and Spectrum Equity. The firm last announced a venture funding in 2004, worth $15M.