Tech Company Financing Transactions
Safend Funding Round
Safend, based in Philadelphia, raised $9 million from private investors, Elron Electronic Industries and Intel Capital.
Transaction Overview
Company Name
Announced On
2/19/2008
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series C
Investors
Proceeds Purpose
The new funding enables Safend to accelerate development efforts of its core technology, new solution offerings, and fund continued growth through strategic partnerships and distribution channels worldwide.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
2 Penn Center 301
Philadelphia, PA 19102
USA
Philadelphia, PA 19102
USA
Phone
Website
Email Address
Overview
Safend's best of breed endpoint security solutions enable organizations to securely enjoy the advantages of mobile computing - from removable media and wireless protocols to the smartphone - enhancing productivity without sacrificing data security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gil Sever
VP - Bus. Development
Edy Almer
VP - Operations
Moshe Milman
VP - R & D
Adam Carmi
VP - Sales
Jay Smilyk
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