Veriflow Systems Raises $8.2 Million

Categories : EnterpriseWorks, Investments
Posted on: July 6, 2016

CHAMPAIGN – Veriflow Systems, an EnterpriseWorks tenant, has announced that they have raised $8.2 million in Series A funding. The fundraising effort was led by Menlo Ventures, and follows the nearly $3 million effort in April.

Veriflow Systems develops an online network security software. They use verification technology to help protect networks against hackers and outages. Veriflow plans on using the funds to hire more engineers, work on its sales force, and boost their marketing across the industry.

To learn more about this big invest read up on Yahoo! Finance or NetworkWorld