Tech Company Financing Transactions

PGP Funding Round

On 6/20/2007, PGP raised $27.3 million in Series C funding from D. E. Shaw Group, DCM Ventures and Intel Capital.

Transaction Overview

Company Name

PGP

Announced On

6/20/2007

Transaction Type

Venture Equity

Amount

$27,300,000

Round

Series C

Investors

D. E. Shaw Group (Andre Turenne)

DCM Ventures (Robert Theis)

Intel Capital (Sriram Viswanathan)

Venrock (Raymond Rothrock)

Proceeds Purpose

PGP Corporation will use the new financing to accelerate organic and inorganic technology development and further fund its channel expansion. The company's vision is to extend key management functionality in the PGP® Encryption Platform to transparently manage third-party devices and software from PGP, ISVs, and customers' in-house applications.

Company Information

Company Status

Acquired or Merged

Industry

Security

Mailing Address

200 Jefferson Dr.
Menlo Park, CA 94025
USA

Phone

(650) 319-9000

Website

www.pgp.com

Email Address

[email protected]

Overview

The global customer standard for encryption and digital signature solutions, PGP Corporation develops, markets, and supports an integrated data security suite used by more than 30,000 enterprises, businesses, and governments worldwide, including 84% of the Fortune 100, 66% of the Fortune Global 100, and thousands of individuals and cryptography experts.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Phillip Dunkelberger

Chief Financial Officer

Alex Doll

Chief Information Officer

Steven Soderberg

Chief Technical Officer

Jon Callas

VP - Engineering

Jim Adkins

VP - Sales

Denise Hayman

Browse more venture capital transactions:

Prev: 6/20/2007: SupplyFrame venture capital transaction
Next: 6/20/2007: Axxana venture capital transaction

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