Purewire raises funding, adds Noonan to board

Purewire raises funding, adds Noonan to boardPurewire, a security start-up competing in the software-as-a-service (Saas) market, has banked $2 million in friends-and-family funding and added industry veteran Tom Noonan to its board of directors.

The latest funding round, which was led by Imlay Investments, Inc., brings the company’s total financial to $3.75 million and will be used on data center expansion, engineering and development initiatives and marketing.

Purewire, based in Atlanta, Ga., also came out of stealth mode today with its Purewire Web Security Service, an in-the-cloud enterprise product that sits between a company’s network and end users.

The company is using a homebuilt reputation system alongside URL filtering and anti-malware technologies to monitor people, places and things on the Web.

Purewire CTO and co-founder Paul Judge says the product inspects outbound Web traffic for safety and compliance, and analyzes Web site response traffic for malicious programs and untrustworthy users.

More from The 451 Group’s Paul Roberts.

[Source: zdnet]