The new financing announced Monday, consisting of $20 million in cash and a $10 million line of credit, was led by American Capital Strategies. Also participating were existing Narus investors including a venture arm of JPMorgan Chase & Co., Mayfield Fund, Pacven Walden Ventures and NeoCarta Ventures.
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Narus, Inc.
FIRMS
Narus, Inc. software solutions provide the real-time traffic insight essential to profitably manage, secure and deliver Services over IP. Today, large IP-based networks are transforming the traditional circuit-switched world of telecommunications into a dynamic, ever-changing world of IP-based services such as VoIP, IPTV and others. In order to secure, monitor, bill and provide excellent quality of service for these IP-based offerings, service providers must simultaneously capture, normalize and correlate IP traffic across all layers of the network. Only NarusInsight is capable of providing companies with the means to capture, normalize and correlate IP traffic at the speed required for carrier-class networks. With its patented technology and processes, Narus helps customers like AT&T, Korea Telecom, KDDI, Telecom Egypt, Saudi Telecom, France Telecom and T-Mobile in areas of network security, traffic classification and monitoring.
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Narus is privately held and is backed by investors such as American Capital Strategies, JP Morgan Partners, Mayfield, NeoCarta, Presidio Venture Partners, Walden International, Intel, NTT Software and Sumisho Electronics.
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