VC-Backed Bust: Consentry Networks

Consentry Networks, a Milpitas, Calif.-based developer of network access control solutions, has shut down after raising around $80 million in VC funding. News of the closure was first reported by ComputerWorld.

Consentry backers included Accel Partners, DAG Ventures, Invesco Private Capital, Northgate Capital, Translink Capital, and Vedanta Capital. Its most recent fundraise was a $9.4 million infusion this past January.