May 1, 2006 – Reconnex, an expert in electronic risk protection, has received $16 million in Round C financing from August Capital and existing investors. Existing investors in this round include: Norwest Venture Partners, Levensohn Venture Partners and Outlook Ventures. To date, including Round C, the company has raised $37 million in funding. Reconnex is a leader in electronic risk protection for Fortune 1000 companies, government organizations, financial institutions and healthcare providers who want to protect their operations from insider threat.
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