Security startup Sourcefire has picked up $20 million in funding to boost reserves and lay the foundations for a possible IPO later this year. Sourcefire’s intrusion prevention system (IPS) hardware and software offerings are based around an open-source technology called Snort developed back in 1998 by Martin Roesch. Check Point tried to acquire Sourcefire for $225 million earlier this year, but the deal was called off. The latest cash infusion dwarfs the $15 million Series C Sourcefire completed in January 2004 and brings the startup’s total funding to $53 million.”]
Source: https://www.darkreading.com/analytics/sourcefire-shapes-up-for-ipo