Thursday, June 26, 2008

Security Innovation Lands $7.1 Million in Funding - Wilmington, MA

Security Innovation, a Wilmington-based provider of software security products and services, said that it has landed $7.1 million in its first round of funding, led by Wakefield-based Brook Venture Partners. The company said that it will use the proceeds to expand its sales and marketing activities, as well as to enhance its product development. Security Innovation's technology is designed to help clients understand the security risks in their software systems and facilitate the necessary fixes. Customers include Microsoft, IBM, FedEx, ING, Symantec, Visa, Coca-Cola and GE.


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