NSS Labs Raises Series A For Security Software, Hardware Analysis

Austin-based NSS Labs has raised a Series A funding, to go towards its research and analysis of information security products, the company said Thursday. The funding came from LiveOak Venture Partners. Size of the round was not announced. According to the company--which is led by Vikram Phatak--the funding will go towards expansion, technology innovation, to scale its operations, and for support. As part of the funding, Venu Shamapant of LiveOak Venture Partners has joined the company's board. NSS Labs provides analysis and testing of IT security products, to help guide enterprise IT buyers on their purchasing decisions. More information »