HyTrust gets money from Cisco, executive from VMware

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Last week the virtualization security startup HyTrust announced its second round funding: $10.5M, led by Granite Ventures and Cisco.

The first round was equal to $5.5M, provided by Trident Capital and Epic Ventures.

Only Len Rand, Managing Director at Granite Ventures and former General Manager of Strategic Marketing and Global Alliances in Intel, will take a seat on the HyTrust Board of Director. Nobody from Cisco.

On top of this, HyTrust also announced that Jim Gannon, the former Director of Global Accounts at VMware, joined the company as its new Vice President of Sales.