Friday, September 26, 2008

Purewire secures business and social interactions on the Web got $1 million in funding

What Company Is Offering:
Purewire secures business and social interactions on the Web.The company offers Web security-as-a-service to increase ROI and lower the total cost of security for businesses. Purewire is developing unique algorithms and scalable services to protect users from malicious People, Places and Things on the Web.

How Much They Got From VCs:

Purewire, Inc. has secured an additional $1 million in funding, including investments from Intersouth Partners and the State of Georgia Seed Fund, bringing the company’s total financing to $4.75 million. This announcement comes on the heels of the company’s news just last month that it had secured $2 million financing and appointed Tom Noonan, former chairman and chief executive officer of IBM Internet Security Systems to its board of directors.

“Organizations are required to protect their networks and their end-users as they browse the Web — in the office, or when they are on the go via laptops or mobile devices,” said Mike Van Bruinisse, co-founder, president and chief operating officer of Purewire.


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