Tuesday, January 31, 2012

Solera announces financing from Intel Capital

The raised $20 million will be used to support the company's sales, marketing and product development. The company will add 40 people to its 60 person staff by the end of the year. About 28 of the new positions will be in sales and marketing, said Steve Shillingford, Solera's chief executive officer, in a telephone interview.

Solera uses security technology to collect, index and classify network traffic. This provides a full view of what is happening and can predict any potential security threats. Deseret News