Infocyte Garners $500,000 Seed Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9e1a6caf-5ffb-426d-9d2d-293a67437585
Date
11/14/2014
Company Name
Infocyte
Mailing Address
110 E Houston St. 7th Floor San Antonio, TX 78205 USA
Company Description
Infocyte is a San Antonio-based developer of cyber security solutions designed to identify threats and unauthorized activity on enterprise networks. They have invented the only interactive security platform designed to rapidly scan networks for evidence of intrusion without the burden of complicated equipment or endpoint software installations.
Website
http://www.infocyte.com
Transaction Type
Venture Equity
Transaction Amount
$500,000
Transaction Round
Seed
Proceeds Purposes
The company intends to use the funds to expand its development team ahead of their planned 1st Quarter 2015 product launch.
M&A Terms
Venture Investor
Venture Investor