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Friday, 11 January 2013 - FireEye raises $50 million as it prepares for possible 2013 IPO |
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Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » BOSTON | Thu Jan 10, 2013 1:02pm EST BOSTON (Reuters) - Cyber security firm FireEye Inc, which named former McAfee Chief Executive Dave DeWalt as its CEO in November, said it has raised $50 million in new financing as it prepares for a possible initial public offering this year. FireEye sells technology that helps businesses protect themselves against malicious software that gets past traditional anti-virus programs sold by companies including Symantec Corp (SYMC.O) and McAfee. The firm said on Thursday that it had raised an additional $50 million in venture funding from new and existing investors including Sequoia Capital, Norwest Venture Partners, Goldman Sachs (GS.N), Juniper Networks Inc (JNPR.N) and Silicon Valley Bank. FireEye had raised $51 million in prior financing rounds, according to a company spokesman. The company also named six new executives on Thursday. In November, when DeWalt was named CEO, he told Reuters that FireEye had "a high chance" of going public in 2013. DeWalt resigned as president of McAfee in 2011 after engineering the sale of the company to chipmaker Intel Corp (INTC.O) for $7.7 billion. (Reporting by Jim Finkle; Editing by Tim Dobbyn) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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