Voltage Security Closes $12M in Expansion Round Financing
Voltage Security, Inc., a global leader in information encryption, today announced the completion of a $12M Series D round of financing
Proceeds will drive further investment in new product development, as well as fund supporting sales and marketing initiatives. Trident Capital led the round with participation from existing major investors including Hummer Winblad Venture Partners, Morgenthaler Ventures, Menlo Ventures, Cipio Partners and JAFCO Ventures. Peter T. Meekin, Managing Director at Trident Capital, joins the Voltage Board of Directors.
"The security sector continues to experience strong growth driven by companies like Voltage that offer innovative technology packaged into easy-to-use, low overhead solutions," said Meekin. "We are particularly excited about the outstanding list of Voltage customers, their aggressive new product lineup, and their track record of financial performance, including stellar growth from the Voltage Security Network, a security-as-a-service solution that provides best-of-breed information encryption in a very affordable, subscription-based pricing model."
"Our information encryption solutions change the game in security by protecting information as it moves, from computer to computer, within and beyond the enterprise walls," said Sathvik Krishnamurthy, president and CEO of Voltage Security. "This investment enables us to aggressively bring to market the new solutions that our growing customer base is demanding, and we are delighted to have Trident join our existing world class investors with their strong track record and deep understanding of the security sector."
Voltage board members include Ann Winblad, co-founder and managing director of Hummer Winblad Venture Partners; Ken Gullicksen, partner, Morgenthaler Ventures; Mark Siegel, managing director, Menlo Ventures; Srivats Sampath, president and CEO of Social fm; Dr. Dan Boneh, professor of computer science at Stanford University and co-founder of Voltage Security, Inc.; Sathvik Krishnamurthy, president and CEO of Voltage Security, Inc, and Peter T. Meekin, managing director of Trident Capital.
