Thursday, June 9, 2011

LockPath Backed By Local Investors

El Dorado Ventures and Maynard Webb are behind the funding of a Kansas-based risk and compliance software firm, LockPath, which said yesterday that it has raised $2M in a Series A round. The new funding was led by El Dorado Ventures, and also included Maynard Webb via his Webb Investment network, along with Vesbridge Partners. LockPath has previously scored seed funding from Webb as well as Ron Conway's SV Angel fund, along with other Silicon Valley executives. LockPath develops compliance and risk management software. Maynard Webb is the former COO of eBay. More information »