Internet News Update: CertiVox Raises $1.46M to Make the Cloud More Secure

Monday, March 28, 2011

CertiVox Raises $1.46M to Make the Cloud More Secure

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CertiVox, an information security startup, announced this morning that it has raised $1.46 million in funding.

CertiVox provides application and content security, as well as on-demand encryption key generation services. The company's cloud-based infrastructure aims to satisfy the need for privacy, authentication, integrity and non-repudiation. Businesses can use the service to reduce identity theft and data loss, secure emails, and to implement digital rights management.

Say Brian Spector, CEO at CertiVox, "Our breakthrough security technology is so easy to implement it effectively removes the barrier that has prevented enterprises and ISVs from fully embracing cloud-based services because of their concerns over protecting sensitive information."

The round was led by Pentech Ventures with participation from Octopus Investments. Dr. Sandy McKinnon, a partner at Pentech Ventures, and Mr. Bruce Leith, an ex-managing director at London Bridge software, will be joining the board of directors. The funding will be used to bring to market CertiVox's key management infrastructure as a service.

CertiVox, which was founded in 2009, has offices in London and San Francisco and had previously raised $250K in funding.

Tags: cloud computing, information security, security

Companies: CertiVox, Octopus Investments, Pentech Ventures

People: Brian Spector, Bruce Leith, Sandy McKinnon