Thursday, October 19, 2006

KeyEye Gets $16M, Appoints CEO

Sacramento-based KeyEye Communications has landed a $16M Series B1 financing, and appointed a new CEO. The firm said today that it has appointed Chuck Fox as president and CEO, and closed the round of funding from American River Ventures, Menlo Ventures, Blueprint Ventures and Western Technology Investment. The funding will go twoards completing its product development. Fox, the firm's new CEO, joins from Chameleon Systems. More information »