SecureInfo Lands $5 Million in Series C Funding.Investment Validates Company's Market Leadership And Success In Delivering Proven Information Assurance Solutions to The Federal Government WASHINGTON -- SecureInfo([R]) Corporation, a market-proven provider of Information Assurance solutions, today announced that it has secured $5 million in Series C funding. The round was led by Insight Venture Partners and included other existing investors in the company. This funding will support SecureInfo's growth plans and further facilitate the expansion of its solutions through 2008. "Information assurance remains a top priority in the Federal government," said Christopher Fountain, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SecureInfo. "We are pleased that Insight, a large technology-focused investment firm, has expanded its relationship with SecureInfo. This latest round of capital will enable us to broaden our solutions, grow our competitive advantage with our award-winning, innovative technology and further solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our position as a market leader in information assurance solutions." "SecureInfo serves an important and growing market," said Larry Handen of Insight Venture Partners. "Their ability to address key government issues, such as information security and FISMA FISMA Federal Information Security Management Act of 2002 FISMA Federal Information System Management Act , combined with their growth and focused leadership, ensures that SecureInfo will continue to be an industry standout. We are confident SecureInfo will continue to build on its momentum and market leadership." About SecureInfo SecureInfo Corporation is a market-proven provider of Information Assurance (IA) solutions, enabling Federal organizations to understand, document and mitigate information security risk; assure information systems are secure; reduce security costs and achieve and demonstrate compliance with NIST (National Institute of Standards & Technology, Washington, DC, www.nist.gov) The standards-defining agency of the U.S. government, formerly the National Bureau of Standards. It is one of three agencies that fall under the Technology Administration (www.technology. , DIACAP DIACAP DOD Information Assurance Certification and Accreditation Process (supersedes DITSCAP) and FISMA requirements. Since the company's inception, SecureInfo has specialized in delivering unmatched customer service, deep domain expertise and proven IA solutions. Named as the "US Air Force Information Assurance Organization of the Year" and "Federal Computer Week's Top 10 Companies to Watch," among many other awards and recognitions, SecureInfo has an unbeatable reputation for quality, commitment and results. Customers include U.S. Air Force, U.S. Army, the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. and NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. among many others. Further information can be found at www.secureinfo.com. About Insight Venture Partners Insight Venture Partners has raised over $2 billion in capital to invest in leading software and Internet services companies. Headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Insight takes a global approach to investing, providing hands-on execution and strategic advice to ensure portfolio companies benefit from Insight's experience. Insight was founded in 1995 and invests in and partners with growth-stage software and Internet companies, with proven track records, focused on growing and scaling their businesses. For additional information, visit the firm's web site at: www.InsightPartners.com. SecureInfo is a registered trademark of SecureInfo Corporation. All other products and brand names are trademarks or registered trademarks of their respective owners. |
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