Grab your shovels and your mules, GRC still has plenty of life in it. San Jose, CA based Agiliance has shown that the GRC space is alive and kicking (at least from the VC perspective) by raising a $10 million round of funding led by Castile Ventures , with participation from Intel Capital , Walden International and Red Rock Ventures . Despite all the noise regarding the downturn in VC activity (no IPO's, etc.) it seems that money is still pouring into the security space as we have reported numerous times since the start of the year. With a dearth of IPO's in the future, it looks like more and more companies (the Big Boys) are turning to acquisition as a strategy of "off-balance sheet R&D".
No related articles.
