Tech Company Financing Transactions
BitArmor Systems Funding Round
BitArmor Systems closed a $4.8 million financing round on 12/27/2004. Investors included Ascend Technology Ventures, Aviv Ventures and Cisco Investments.
Transaction Overview
Company Name
Announced On
12/27/2004
Transaction Type
Venture Equity
Amount
$4,750,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the additional funding to expand its global presence as well as engage in new development activities, all required to address the surge of activity in the global IPTV market, led by the largest incumbent telcos.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
401 Liberty Ave. 1900
Pittsburgh, PA 15222
USA
Pittsburgh, PA 15222
USA
Phone
Website
Email Address
Overview
BitArmor's next-generation data security and data lifecycle management solutions efficiently protect and track any data across the entire enterprise. This unique, patent-pending technology enables legislative compliance, risk mitigation, compliance with internal legal policies, and proactive eDiscovery.
Management Team
Title
Name
Email & Social
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We document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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