Startup Veriflow secures $8.2M in Series A funding

Yahoo Finance (July 6) -- Veriflow, the network breach and outage prevention company, has raised $8.2 million in Series A funding, led by Menlo Ventures along with current investor New Enterprise Associates (NEA). The company was created by a team of computer science professors and PhD students at Illinois, and is backed by New Enterprise Associates (NEA), Menlo Ventures, the National Science Foundation, and the U.S. Department of Defense. It will use the funding to build its sales force, hire new engineering talent, and increase marketing efforts to further drive the company’s technological innovation and growth as well as industry awareness of mathematical network verification. Also: Reuters (July 6), Fortune (Term Sheet, July 6), Red Herring (July 6), PE Hub Network (July 6), Network World (July 6), siliconANGLE (blog, July 6), TechCrunch (July 6), eWeek (July 6), Information Week (July 6), Chicago Inno (July 7).