Toba Capital leads $10 mln funding of cybersecurity platform Interset

Ottawa-based Interset, a provider of advanced threat detection solutions, has received $10 million in follow-on financing. The round was led by U.S. venture capital firm Toba Capital and was joined by another new investor, U.S. data integration software company Informatica Corp (Nasdaq: INFA). It was also backed by existing investors Anthem Venture Partners and Telesystem, a Canadian technology investment firm. Update: Interset said proceeds of the round will help it expand capabilities and accelerate the adoption of its cybersecurity platform. Founded in 2002, the company is led by President and CEO Dale Quayle.

CanadaNorth AmericaBriefs