21 August 2017
Find out more

IronKey closes $22 million financing round

05 May 2010  |  2758 views  |  0 Source: IronKey

IronKey Inc., the maker of secure portable virtual computing systems, today announced the completion of a financing round led by new investor Bridgescale Partners with participation from existing investors Mohr Davidow Ventures and Crosslink Capital. In addition, Matthew Cowan, co-founder of Bridgescale Partners, will join IronKey's Board of Directors.

The company's new financing will be utilized to accelerate adoption of IronKey's landmark Trusted Access™ platform; the world's most secure network access and data protection system for enterprises and government agencies.

"We are excited to have Bridgescale join our investor team and welcome Matthew to our board," said David Jevans, co-founder and CEO of IronKey. "This financing will enable us to expand our leadership position in secure virtual computing. Enterprises are under attack from malicious software, compromising the security of personal information and exposing them, their employees and their customers to unprecedented levels of fraud losses. Businesses are increasingly demanding IronKey's unique solutions to address the growing number and sophistication of these threats," Jevans continued.

"The desktop virtualization market could easily grow larger than the market for server virtualization; but unique security challenges must be addressed," said Matthew Cowan of Bridgescale Partners. "IronKey does exactly this, as its Secure Portable Virtualization technology is a critical component in locking down enterprise networks."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11030 views comments | 25 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9277 views 0 | 5 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9178 views comments | 21 tweets | 26 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9051 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8877 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job