Xconomy Boston

LegiTime Technologies Lands $1,500,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b674bdbb-5cee-47b4-97f8-146db4912b1f&Preview=1
Date
10/8/2009
Company Name
LegiTime Technologies
Mailing Address
321 Main St Farmington, CT 06032
Company Description
LegiTime licenses and integrates its Demonstration of Legitimacy (DOL) technology to secure electronic communications. The company has developed a unique security solution for the mobile communication and mobile commerce market, with a future product roadmap for email and Voice over Internet Protocol (VoIP).
Website
http://www.legitime.net
Transaction Type
Venture Equity
Transaction Amount
$1,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Undisclosed