Monday, February 26, 2007

CipherMax Raises $10M

San Jose-based CipherMax, a provider of storage security products, said today that it has raised $10M in a new funding. The firm said that the new funding came from U.S. Venture Partners, VEnrock Associates, and Scale Venture Partners, and will go towards further enhancement of the company's storage security products. CipherMax was formerly known as MaXXan Systems. More information »