SANTA CLARA, Calif. -- NetScaler, Inc. today announced that it has received $13 million in venture capital funding from a suite of blue-chip investors. The latest round of funding will be used by NetScaler to fuel the company's dominance as a leading provider of web application control solutions for enterprises and service providers. New investor Sequoia Capital leads this round of funding along with returning investors Goldman, Sachs & Co., Bay Partners and Gabriel Venture Partners. NetScaler will use the funding to promote the company's global product availability and support new marketing and sales initiatives. NetScaler's web application traffic control systems provide IT professionals with a single point of control over their web infrastructure. As a result, enterprises and service providers are assured that they will be able to not only protect but to secure their business-critical web applications, which is extremely important in conducting business over the web today. NetScaler has already secured more than 100 loyal customers including WebEx Communications, Yahoo!, 7-Eleven, Inc., MSN, United Online, Belo Interactive, MLB Advanced Media (the official site of major league baseball) and GetThere, a Sabre Company. "The web infrastructure market potential is estimated to reach $2.5 billion by 2005," said Gaurav Garg, a partner at Sequoia Capital. "We have been looking for a market leader within this space and NetScaler has demonstrated all the right ingredients for success-experienced management with deep domain knowledge, meaningful customers with a real pain point and differentiated products." NetScaler has also appointed Gaurav Garg to its board of directors. Garg was founder of Redback Networks and also serves as a board member for the company. He joins Ankur Sahu, vice president Principal Investment Area, Goldman, Sachs & Co. and Rick Bolander, managing general partner and co-founder of Gabriel Venture Partners. NetScaler Inc.