CipherCloud Secures $50,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10a0fd34-eb0c-42c0-a271-07fa38b33260
Date
11/20/2014
Company Name
CipherCloud
Mailing Address
99 Almaden Blvd San Jose, CA 95113 USA
Company Description
CipherCloud is committed to building trust in the cloud. Our revolutionary cloud encryption gateway technology is enabling organizations worldwide to enjoy the benefits of the cloud that otherwise wouldn’t be able to due to concerns about data security, privacy, residency, and regulatory compliance.
Website
http://www.ciphercloud.com
Transaction Type
Venture Equity
Transaction Amount
$50,000,000
Transaction Round
Undisclosed
Proceeds Purposes
CipherCloud will use the new financing to further fuel its go-to-market activities, support international growth in Europe and Asia Pacific.
M&A Terms
Venture Investor
Venture Investor
Venture Investor