PacketMotion is a Sunnyvale, California-based provider of User Activity Management (UAM) solutions. Its core products, PacketSentry™ Manager and Probe, help mid- to large-sized enterprises meet compliance and audit requirements (PCI DSS, SOX, HIPAA) and provide security functionality such as the ability to immediately stop user behavior that violates internal policies. The company intends to use new capital to continue expanding its marketing and sales force and distribution channels for those products. PacketMotion closed an additional $2.7m in its Series C, bringing the total raised in this third round to $8.4m. The Series C was led by Reservoir Venture Partners with participation from existing investors. The company operates a development centre in Bangalore, India. PacketMotion is a San Jose, California developer of User Activity Management focused on IT audit and compliance efficiency. Its product suite includes PacketSentry Manager and PacketSentry Probe, which the company says are in strong demand. PacketMotion announced a $5M Series C and plans to use the proceeds to expand its sales force and bolster marketing. CEO Paul Smith commented that this should be the company's last financing round as it moves toward expected profitability in 2010. The announcement was made on October 26, 2009.

Total raised

$8M

Funding rounds

2

Latest round

Series C

Latest activity

Dec 2010