Untangle, which was founded in 2005 and is currently based in San Mateo, California, has raised a further $8 million in a second round of funding for an overseas expansion of its open-source networking and security business. So far Untangle have raised around $20 million to date.

The company has 31 employees and is close to profitability and competes with SonicWall and Barracuda Networks but has the added advantage that neither of these are open source.

Untangle creates network and security appliances which serve as gateways that provide a variety of applications such as blocking spam and viruses.

If you enjoyed this post, make sure you subscribe to my RSS feed!