Tech Company Financing Transactions
Safend Funding Round
Safend closed a $7.4 million Series B financing round on 1/4/2006. Investors included Elron Electronic Industries, Intel Capital and Walden Israel.
Transaction Overview
Company Name
Announced On
1/4/2006
Transaction Type
Venture Equity
Amount
$7,400,000
Round
Series B
Investors
Proceeds Purpose
This new round of funding will help Safend solidify its US presence and further expand the business into additional global markets, as well as enhance and expand our product offering in order to provide wider-reaching protection against ever-growing security threats.
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
Browse more venture capital transactions:
Prev: 1/4/2006: CopperGate Communications venture capital transaction
Next: 1/4/2006: EZ Prints venture capital transaction
Share this article
About Database of VC Transactions
Our team works diligently to record funding rounds that are announced publicly. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs