Palisade Systems Lands $2,600,000 New Financing

  • Feed Type
  • Date
    12/9/2009
  • Company Name
    Palisade Systems
  • Mailing Address
    400 Locust Street Des Moines, IA 50309
  • Company Description
    Medical records, financial information, intellectual property and personal information – your data keeps growing at an accelerated rate. Trying to protect this data is paramount to business continuity and success. The loss of sensitive data can damage a company’s reputation, lose customers, and possibly lead to regulatory fines.
  • Website
    http://www.palisadesystems.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,600,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The additional capital will assist Palisade Systems in rapidly growing sales and marketing efforts.
  • M&A Terms
  • Venture Investor
    DeWaay Capital Management
  • Venture Investor
    Principal Life Insurance Company

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