Security - Monday, February 5, 2007
Tricipher Does Oversubcribed Round After 700% Growth Last Year
Los Gatos' TriCipher raised $15M in Series C funding round led by RBC Technology Ventures, the oversubscribed up-round includes existing investors Arrowpath Venture Partners, Intel Capital, Trident Capital, Wasatch Venture Fund, and Zions SBIC.
TriCipher’s customers are banking, financial services, and insurance companies that are getting screwed by passwords, cookies, and tokens at the hands of cyber criminals. Instead of escalating to smart cards or biometics, TriCiphers' customers use an series of methods to detect fraud.
Read - press release
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