Sanctum raises $30 million

By Dawn Kawamoto
Staff Writer, CNET News

Sanctum announced on Monday that it has raised $30 million in a fourth round of funding and named a new chairman, John Dillon, CEO of Salesforce.com. Dell, Fidelity Ventures, Gemini Israel Funds, First Union eVentures Group, Hitachi, and previous investors Sprout Group, Mofet Israel Technology Fund, and Walden Israel contributed to the round. Representatives from Fidelity and Gemini will both join Sanctum's board of directors. The Santa Clara, Calif.-based security-software company has raised a total of $54 million.

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