Monday, February 5, 2007

TriCiper Raises $15M

San Mateo-based TriCipher said today that it has completed a $15M Series C round of funding. The round was led by RBC Technology Ventures, and also included existing investors Arrowpath Venture Partners, Intel Capital, Trident Capital, Wasatch Venture Fund, and Zions SBIC. TriCipher is developing user autentication solutions for the security market. The firm said the investment will go to funding continued growth of the firm's product offerings, product development, and global sales and marketing. More information »