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Fortinet

HyTrust Raises $18.5 Million Series C Funding

Cloud security automation company HyTrust has raised $18.5 million in a Series C round from Intel Capital and Fortinet. Existing investors VMware, In-Q-Tel, Granite Ventures, Cisco, Trident Capital and Epic Ventures also participated in this round.

Security Appliance Market Grows At A Sluggish Pace

According to the IDC Worldwide Quarterly Security Appliance Tracker, both factory revenue and unit shipments in the security appliance market grew in the third quarter...