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Boulder, Colorado anti-spyware company, Webroot to receive $108 million

February 7, 2005 /

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Three Silicon Valley venture funds are betting $108 million that Boulder-based software company Webroot can take on Microsoft and the biggest players in computer security.

The investment – to be announced today – equals nearly a quarter of all venture capital received by Colorado companies last year. It’s also the second-largest venture funding of a software company nationally since 2001, according to the company.

Webroot’s products battle spyware, the unwanted software code that ranges from cookies to keystroke loggers that secretly transmit bank account numbers to cybercriminals.

By Ross Wehner
Denver Post Staff Writer

Full Story: http://www.denverpost.com/Stories/0,1413,36~32540~2696451,00.html

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