Thursday, October 26, 2006

Layer 7 Lands $8.9M

Vancouver, BC-based Layer 7 Technologies, a firm that provides XML security and networking appliances, said today that it has raised $8.9M in Series B funding. Funding came from BDC Venture Capital, and the Working Opportunity Fund. The firm said the new funding will help it to expand into commercial and public sector sales organizations, and into Europe. More information »