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NetScaler Weighs $20M: Page 2 of 2

Mark Fabbi at Gartner Inc. says the company "has made a lot of progress in the past year. It has continued to round out its portfolio, expand into related areas, and, most importantly, learn how to better target the enterprise audience better." A key element in NetScaler's technology is that it has been designed specifically to minimize the impact of traffic volumes on data center servers and, ultimately, end-user performance.

The new, oversubscribed round of funding is led by Focus Ventures, and also includes Granite Ventures LLC, Bay Partners, Goldman Sachs & Co., and Sequoia Capital. NetScaler's previous round was in January 2003 (see Netscaler Raises $13M).

The secure data delivery market has already seen one major and one minor acquisition this year (see Juniper Buys NetScreen, Cisco: It Takes Two to Twingo, and The Lowdown on SSL VPNs ).

Ray Le Maistre, International Editor, Boardwatch