News

Ingrian Raises $14 Million in Third Round Funding

Monday 5 January 2004 19:20 CET | News

Ingrian has completed a $14 million third round of funding. Investors participating in this round include Prism Venture Partners, Globespan Capital Partners (formerly JAFCO Ventures), HighBAR Ventures, and Partech International.

Ingrian will leverage this funding to enhance its pioneering solutions and further expand its leadership in the emerging data privacy segment. Based on extensive industry research, Ingrian has found that, in spite of the range of security technologies deployed today, there are still critical security gaps prevalent within most enterprises. These security gaps continue to lead to often devastating breaches. Further, as corporations contend with the increasingly rigorous legislation and privacy policies being enacted across many industries and regions, the need to address these gaps will become paramount. Ingrian DataSecure™ Platforms bring tremendous value to organizations because they address these critical security gaps, and they do so with unprecedented cost efficiency and intelligence. Founded in 1999, Ingrian has received over $40 million in funding to date. Prism Venture Partners led this round of funding, and was accompanied by Globespan Capital Partners, HighBAR Ventures, and Partech International—all of which invested in previous financing rounds.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce