Neoteris nabs new funding

By Gwendolyn Mariano
Staff Writer, CNET News

Neoteris, a start-up chaired by Jim Clark, who founded Silicon Graphics, Netscape Communications and Healtheon, has closed $15 million in a round of financing led by New Enterprise Associates. The Sunnyvale, Calif.-based company said its original investors--Clark and his Barksdale Group--also participated in the round. Neoteris said it will use the additional funds to continue building its services.

Neoteris aims to simplify the way employees connect to a corporate network remotely, replacing the two major solutions used today: extranets and virtual private networks. In November, Neoteris launched its first products, dubbed EmployeeAccess and PartnerAccess. With the latest financing, the company said it has appointed Scott Sandell, general partner at New Enterprise, to its board of directors.

Latest tech news headlines

Facebook and MySpace delete NY sex offenders
Posted in Safe and Secure by Larry Magid

December 1, 2009 3:16 PM PST
New research suggests porn is overly demonized
Posted in News - Health Tech by Elizabeth Armstrong Moore

December 1, 2009 3:09 PM PST
EFF sues U.S. agencies for info on social networking surveillance
Posted in InSecurity Complex by Elinor Mills

December 1, 2009 3:07 PM PST
See all headlines

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets: Market news, charts, SEC filings, and more; Related quotes; Dow Jones Industrials (1.23%) 126.74 10,471.58; S&P 500 (1.21%) 13.23 1,108.86; NASDAQ (1.46%) 31.21 2,175.81; CNET TECH (1.30%) 20.52 1,595.41

Inside CNET News

Scroll Left Scroll Right

Business Tech
Sun takes big fall in server market
Sun Microsystems clocks lowest revenue and shipment among global top 5 server vendors for third quarter of 2009, says Gartner.
Gallery
Energy displays bring the smart grid home (photos)
Technically Incorrect
Dad accuses Disney of calling his 11-year-old a hacker
Brian Guy, a manager of MySQL's team at Sun Microsystems, says Disney falsely accused his 11-year-old son of hacking the Pirates of the Caribbean game.
Beyond Binary
Microsoft's Mehdi on financial impact of Yahoo deal
In a speech at an investor conference, Microsoft's Yusuf Mehdi said that once the two companies have a single paid search platform both should see double-digit increases in revenue per search.
Video
A window into the Microsoft Store
Safe and Secure
Facebook and MySpace delete NY sex offenders
New York Attorney General Andrew Cuomo praised Facebook and MySpace for purging their roles of more than 3,500 New York-based registered sex offenders.
Video
Google Chrome OS demonstration
The Social
Twitter founder formally unveils 'Square' project
The add-on can turn a device, such as an iPhone, into a credit card reader. It's being aimed at small businesses for whom traditional credit card systems are cumbersome and expensive.
Crave
Coming soon: Recyclable mannequin robots
Osaka-based Eager Co. is developing corrugated cardboard mannequin robots for that can gracefully display clothing in retail displays.
Gallery
Digital cloud set to hover above 2012 Olympics (images)
iPod accessories
Kid-friendly headphones
CNET editors round up a selection of headphones that are made specifically for children. Includes models from Sony, Ultimate Ears, Maxell, and more.
Green Tech
Smart grid potential gated by broadband
The intersection of broadband and energy can lead to efficiency and technology innovation. What's needed is wider access, standards, and right regulations, say execs and officials at an FCC hearing.