UK - Scale and Balderton- backed ScanSafe sold to Cisco

Venture funds including Montagu Newhall Associates, Balderton Capital and Scale Venture Partners has previously backed ScanSafe with a total of USD 43.5m.

ScanSafe operates within the Software-as-a-Service space, providing web security to businesses. ScanSafe's solutions are designed to keep viruses and spyware off corporate networks and allow businesses to control and secure web use and instant messaging. It scans more than six billion web requests each month, and blocks as much as 12m threats per month for customers in 30 countries. ScanSafe was founded in 1999. It is headquartered in London, and has an additional office in San Mateo, California.

Following deal completion, the ScanSafe team will become part of Cisco's Security Technology Business Unit (STBU).

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