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VMware Goes On Buying Spree, Acquires Veriflow In Its Sixth Known Deal This Year

has announced cybersecurity startup for an undisclosed amount in its of the year so far.

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In a , VMware said the buy should 鈥渟trengthen its capabilities in the pervasive network monitoring, troubleshooting, and verification space.鈥 Veriflow鈥檚 product aims to help predict outages before they happen as well as 鈥渧ulnerabilities before they are exploited.鈥 Per VMware, Veriflow鈥檚 technology 鈥減rovides problem detection for critical network issues (physical and virtual).鈥

Founded in 2013, San Jose-based Veriflow had raised $11.1 million in funding over its lifetime, according to 小蓝视频色情网页版 data. Its last raise was a July 2016 $8.2 million Series A that was led by and also included participation from ).

As you can see in the chart below, VMware has stepped up the pace of its acquisitions over the past two years. Its recent pattern seems to be buying smaller companies with little or no venture backing. Besides Veriflow, it has also , (which had raised $8.3 million), , , and (which had raised $6 million).

It鈥檚 worth noting that products working on or adjacent to cyber security have had massive funding commitments from investors. So far this year, nearly $29 billion as been put into startups in the cyber security sector, . And as hacks become more prevalent, especially for larger brands like Capital One, founders with startups in the space likely have a number of lucrative exit opportunities.

Editor’s note: Original headline claimed Verisign, not Veriflow, was acquired by VMware. We regret the error.

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