Tech Company Financing Transactions
Bsafe Information Systems Funding Round
Bsafe Information Systems, based in Hackensack, secured $15 million from Hyperion Israel Venture Partners.
Transaction Overview
Company Name
Announced On
12/1/2004
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Hyperion Israel Venture Partners (Charlie Benchabat)
Proceeds Purpose
The proceeds of this financing will primarily be used for expansion of Bsafe Information Systems' Sales and Marketing operations in North America.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
25 E. Salem St. 427
Hackensack, NJ 07601
USA
Hackensack, NJ 07601
USA
Phone
Website
Email Address
Overview
Bsafe/IS is the leading provider of network and data-security products for IBM iSeries (AS/400), zSeries (mainframe) and open source platforms. When iSeries (AS/400) evolved into a major network server with remote TCP/IP connections, Bsafe/IS developed the Bsafe/Global Security, for iSeries software to protect it from misuse or unauthorized access.
Management Team
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