Networking giant Cisco agreed to acquire anti-spam and spyware security company IronPort Systems for $830 million in cash and stock.
Ironport, of San Bruno, Calif., soaked up about $100 million from its founding in 2000, so this is a big win for its ten investors.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":4798,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"D"}']They include New Enterprise Associates, the big Silicon Valley venture capital firm, which invested $18 million into the company two years ago. Others are Allegis Capital, Amicus, Menlo Ventures, Chevron Corp., General Motors, NTT DoCoMo, Rembrant Venture Partners, Starter Fluid and Western Technology Investment.
It is just the latest move by Cisco to offer large corporate customers a full suite of security products.
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