Security Innovation Obtains $7,100,000 Series A Financing Round

  • Feed Type
  • Date
    6/25/2008
  • Company Name
    Security Innovation
  • Mailing Address
    187 Ballardvale Street Wilmington, ME 01887
  • Company Description
    Security Innovation is an authority on application security and leading independent provider of risk assessment, risk mitigation and education services to mid-size and Fortune 500 companies. Global technology vendors and enterprise IT organizations such as Microsoft, IBM, FedEx, ING, Symantec, Visa, Coca-Cola and GE rely on our expertise to understand the security risks in their software systems and facilitate the software and process change necessary to mitigate them.
  • Website
    http://www.securityinnovation.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,100,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds from this, the company’s first round of institutional funding, will be used to scale sales and marketing activities, and to further product development.
  • M&A Terms
  • Venture Investor
    Brook Venture Partners
  • Venture Investor
    Undisclosed

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