GuardianEdge Announces Additional Funding of $13.5 Million
VC Investment Combined with Customer Wins Fuels Aggressive Expansion
SAN FRANCISCO– May 25, 2007 – GuardianEdge, the leader in endpoint data protection for the enterprise, today announced it has secured $13.5 million in additional funding. The equity investment was led by Cargill Ventures.
The new funding, combined with revenue derived from increased customer growth, will be used to expand GuardianEdge’s sales and marketing effort as well as further develop its enterprise-grade endpoint data protection solution, the GuardianEdge Data Protection Platform.
About GuardianEdge
GuardianEdge is the leader in endpoint data protection for the enterprise. More than two million users around the world depend on GuardianEdge solutions to safeguard sensitive and proprietary information, to ensure compliance with rules for maintaining consumer privacy and to enable secure enterprise mobility. The company’s endpoint data protection solutions have been deployed by leading organizations, including Lockheed Martin Corporation, Deutsche Bank AG and Humana Inc., as well as numerous agencies in the U.S. departments of veteran affairs, defense, state and education. http://www.guardianedge.com
About Cargill Ventures
Cargill Ventures (www.cargillventures.com) invests in early stage technology-driven companies that enhance business processes, growth and innovation in global industries relevant to Cargill. Cargill Ventures maintains offices in San Mateo, Calif., and Minneapolis. It is a business unit of Cargill, www.cargill.com, an international provider of food, agricultural and risk management products and services. With 101,000 employees in 59 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. Additional information about Cargill Ventures is available at: www.cargillventures.com.
###
GuardianEdge and Encryption Anywhere are trademarks of GuardianEdge Technologies Inc. All other products and services mentioned are trademarks of their respective companies.