Stealthy startup Bitglass raises $10M

Nat Kausik is listed as president and CEO of Bitglass, a Palo Alto startup that just raised $10 million.

Sponsored Links
	CFOs discuss uncertainty around economy Watch a video of Top CFOs discussing the 2013 financial outlook. Watch now! www.bankofamerica.com/cfooutlook
	Free Investment Planning Kit Find out how Wells Fargo Advisors work with you to help you reach your goals www.wellsfargoadvisors.com
Get Listed Here

Cromwell Schubarth: Senior Technology Reporter- Silicon Valley Business Journal; Email | Twitter | Google

Bitglass Inc., a stealthy startup based in Palo Alto, disclosed on Thursday that it has raised $10 million in funding.
The company is led by Anurag Kahool, a former Juniper engineering chief, and Nat Kausik, the former CEO of Arcot Systems, and FineGround. Attempts to reach Kausik for comment at the number listed on the filing were unsuccessful.
The company listed Palo Alto as its address in the filing with the Securities and Exchange Commission.
Kahool's LinkedIn profile says he became a founder at Bitglass after leaving Juniper Networks last month. He was previously a senior engineering director at Cisco Systems and also lists several patents on his profile.
Kausik is listed as president and CEO of Bitglass on the SEC filing. In addition to the companies where he was CEO, Kausik was an entrepreneur-in-residence at NEA and later was with a tech incubator backed by NEA and Shasta Ventures.
He wrote a book on machine learning in 1991 and has a number of patents to his credit, as well.

Two venture investors are listed as board members at Bitglass: Forest Baskett of NEA and Matthew Howard of Norwest Venture Partners.

Click here to see the Form D filing about Bitglass that was filed with the SEC.
Click here to subscribe to TechFlash Silicon Valley, the daily email newsletter about startups, venture and angel investors.

Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

Industries:

Technology

Your News Made Easy

Sign up for the DailyUpdate

The latest local business news delivered to you each day.

We recommend

Geo Semiconductor raises $5.6M in new funding BizJournals
New money pours into Silicon Valley startups BizJournals
Verizon Wireless to pay its owners $8.5 billion BizJournals
5 hot startups, 3 updates and a surprise from Launch Festival BizJournals
Jared Fliesler: Startup bug behind jump from Square to Matrix BizJournals

From around the web

7-eleven Franchise Blog Post: The Story Behind 7-Eleven 7-eleven Franchise Blog
Your Costly Drug Addition: Coffee Daily Finance
Smart Tips for your Small Business H&R Block
What You Need to Know About Investing Lifehacker
Is a live-in girlfriend or boyfriend tax-deductible? US Tax Center

What's this?

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.