Network Security Company Tenable Raises A $50M Series A From Accel

Tenable Network Security, which was founded back in 2002, has raised its very first round of institutional funding ? specifically, a $50 million Series A from Accel Partners. Accel makes it share of normal venture investments, but it also likes to find mature, bootstrapped companies and offer them big checks. (Other deals in this vein include the $60 invested in Atlassian and the $70 million invested in Qualtrics.) In this case, Accel partner Ping Li says he has been "stalking these guys, for lack of a better word," for several years, in part because Tenable products, especially Nessus, are being used by a number of Accel's portfolio companies.

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