Thursday, July 24, 2008

Vericept is the leading provider of data leakage prevention solutions

What Company Is Offering:
Vericept is the leading provider of data leakage prevention solutions. Using patented detection and classification techniques, Vericept identifies and protects your unique business-critical information assets that, if lost, have a material impact on financial performance, company brand and reputation, and risk of non-compliance with the law. Vericept's content classification and data leakage prevention solution is deployed in over 800 organizations worldwide, making the technology the most widely deployed solution for maintaining compliance, preventing breaches of customer data, and protecting intellectual property.

How Much They Got From VCs:

Vericept Corporation a leading provider of data leakage prevention (DLP) solutions today announced it has successfully closed on additional funding of up to $8 million, led by Sigma Partners. This funding will allow Vericept to focus on sales expansion and drive to profitability.

"We are pleased our investors are showing continued confidence in Vericept's vision and execution," said Dave Parkinson, President and CEO of Vericept. "Our strength in classification of unstructured data uniquely positions us to capitalize on the huge latent need for protection of intellectual property. Vericept's content-aware technology and classification tools make IP protection realizable."

More than 800 companies and organizations deploy Vericept solutions to maintain and streamline compliance, prevent breaches of customer data and protect against the loss of intellectual property.

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