V.i. Laboratories, Inc. Receives $4,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=556811d3-37f2-4192-9b0f-f385a734add0&Preview=1
Date
10/17/2008
Company Name
V.i. Laboratories, Inc.
Mailing Address
130 Turner Street Waltham, MA 02453
Company Description
V.i. Labs’ provides software protection solutions that secure valuable applications against piracy, tampering and code theft. Unlike other security technologies available today, our solutions protect applications without requiring modifications to the application source code and development process, or complex security infrastructure.
Website
http://www.vilabs.com
Transaction Type
Venture Equity
Transaction Amount
$4,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The new funding will enable V.i. Labs to accelerate plans to extend platform support to Linux operating systems, a key platform for high-value software applications including EDA, PLM, and CAD industries.
M&A Terms
Venture Investor
Core Capital Partners
Venture Investor
Ascent Venture Partners