Unitrends, the leading provider of all-in-one backup, archiving, instant recovery and disaster recovery solutions, today announced that it has received a major growth equity investment from Insight Venture Partners, a leading global private equity and venture capital firm. Financial terms of the transaction were not disclosed.
BA Insight, a leading global provider of unified information access solutions, today announced that it has appointed Massood Zarrabian as its Chairman of the Board and Chief Executive Officer. Mr. Zarrabian is a veteran of the software industry with a track record of building and growing profitable, venture funded software companies.
TA Associates, a leading global growth private equity firm, today announced it has completed a majority investment in Arxan Technologies, Inc., a leading provider of software security solutions.
Crowdsourced security startup Bugcrowd today announced it closed a $1.6 million seed round from top investors including Icon Venture Partners, Paladin Capital Group, Square Peg Capital and select angel investors. The capital will be used primarily to develop sales and marketing operations, expand the team, and support a fast-growing community of more than 3,000 security testers.
Digital Signal Corporation (“DSC”), a world leader in facial recognition and identity management solutions, today announced that it has secured $50 million in funding from Technology Control Corporation (“TCC”).
PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today announced it has raised $12 million in funding co-led by new investors Paladin Capital Group and Ascent Venture Partners, and joined by return backer Intel Capital and other existing institutional investors.
BA Insight today announced that it has secured its latest round of funding, raising $4.5 million, bringing the total amount raised to date to $15.7 million. All four of the company’s current venture capital investors participated in the round including Milestone Venture Partners, Osage Venture Partners, Paladin Capital Group and Originate Ventures. The funding supports the company’s growth as the market continues to drive demand for solutions that unlock data across the enterprise.
Endgame, Inc., a leading provider of battle-tested cyber security solutions, announced today that it has closed a $23 million Series B equity financing to fund growth in its existing federal customer base as well as expansion into the commercial market.
Fixmo announced strategic partnership with Samsung that will see the global leader in smartphones embed Fixmo’s patented Sentinel Integrity Services technology on Samsung smartphones and tablets. The partnership comes at a critical time as Government agencies and Enterprise IT around the world look to expand their deployments of consumer-‐grade Android devices for critical business applications with ensured corporate security, integrity and compliance.
BuildingIQ, Inc., a leading building energy management software company with a mission to redefine the way energy is managed in commercial buildings, today announced another significant milestone with the closing of $9 million in venture funding.