Monday, May 19, 2008

Mu Dynamics Finds $10M

Sunnyvale-based Mu Dynamics announced this morning that it has raised $10M in a third round of funding. The round was led by Focus Ventures, and also included prior investors Accel Partners, Benchmark Capital, and DAG Ventures. Mu Dynamics--formerly known as Mu Security--develops an appliance for detecting potential sources of downtime in computer networks. The firm said the funding will go towards accelerating market expansion. Mu last raised funding in June of 2006. More information »