CipherOptics, a start-up based in Raleigh, North Carolina, raised $10.3 million in Series C round of venture funding for its high-speed network security appliances. CipherOptics offers a government-certified solution that encrypts data at full Gigabit line-rates with minimal latency for transmission over non-secure wired or wireless networks.
The financing, led by Adams Capital Management, was supported by existing investors, including Kodiak Venture Partners, Origin Partners L.P., and Axiom Venture Partners. http://www.cipheroptics.com
