Juniper Buys VC-backed Altor for $95 Million

Juniper Networks is paying $95 million to buy virtualization security firm Altor Networks. Altor had previously raised capital from Accel Partners, DAG Ventures and Foundation Capital. The company was also backed by the Junos Innovation Fund, which is funded solely by Juniper Networks. Juniper says the deal will allow it to expand its security offerings. Altor was formed in 2007 and based in Redwood Shores, Calif.

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