Data protection business Bitglass has raised $25 million in Series B funding. New investors include a large global bank and SingTel Innov8, the venture arm of SingTel Group. Existing investors New Enterprise Associates and Norwest participated in the funding round. Scott Sandell, GP and head of NEA’s technology investing practice, will join Bitglass’ board. Bitglass has raised a total of $35 million to date.

from PE Hub Blog