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DECRU RAISES OVER $27 MILLION IN SECOND-ROUND FINANCING

July 31, 2002
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Storage Security Vendor Secures Funding from Benchmark Capital, Greylock, New Enterprise Associates and In-Q-Tel

July 31, 2002
Redwood City, CA

Decru, Inc. a technology company focused on securing networked data storage, today  announced it has received over $27 million in second-round financing, bringing  the company's total funding to more than $43 million. Three top-tier venture  capital firms invested in this round: Benchmark Capital, Greylock and New  Enterprise Associates. Strategic investors include In-Q-Tel, the independent  venture group funded by the U.S. Central Intelligence Agency and Canon Inc.,  the global leader in office automation.

In  addition, Decru also announced its board of directors. The board brings  together a team of experienced technology veterans, including Dick Kramlich,  founder and general partner of NEA; Alex Balkanski, general partner at  Benchmark Capital; David Strohm, general partner at Greylock, Dan Maydan,  president of Applied Materials and Dan Avida, Decru's president and CEO.

"Enterprises  are rapidly deploying networked storage technologies to simplify access,  control, and management of growing data assets. Current security approaches  attempt to protect the perimeter of the network, but leave the data that sits  in storage vulnerable to both inside and outside threats. Our technology solves  this problem," said Dan Avida, president and CEO of Decru. "This  round demonstrates strong and continued support by top tier investors for Decru  and its products."

Decru is co-founded by Dan Avida and Serge Plotkin, Ph.D. Prior to founding Decru, Avida was at Electronics for Imaging (EFI) were he led the company as  president, CEO and chairman. Avida built the Fiery business at EFI from  inception into a $570M business. Prior to EFI, Avida was an officer in the  Israeli military. Serge Plotkin, Decru"s co-founder, is an Associate  Professor of Computer Science at Stanford University and is a renowned expert  on network optimization. Prior to his positions at Stanford and Decru, Plotkin  was in charge of large-scale military security deployments for the Israeli  military.

About Decru
Founded  in 2001, Decru is building storage security appliances to address the need for  companies to secure their data. Headquartered in Redwood City, CA, Decru was  founded and is managed by a proven and experienced team: Dan Avida, president  and CEO, formerly CEO of Electronics for Imaging (Nasdaq: EFII), and VP  Engineering and CTO, Serge Plotkin, an Associate Professor of Computer Science  at Stanford University.        

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