Mobile security software maker
Trust Digital on Wednesday said it raised $14.5 million in Series C funding. The list of investors is long, so be patient. It includes Summerhill Venture Partners, Fairhaven Capital, Core Capital Partners, Avansis Ventures, MMV Financial and Square 1 Bank. Summerhill, Fairhaven, Core and Avansis all invested in the company previously.
Trust Digital's security software is used by businesses and government agencies to secure PDAs and smartphones in the same way that IT
departments protect laptops and desktops. The McLean, Va.-based company said it will use the funding to extend its security platform to include Research in Motion Ltd.'s [
RIMM] BlackBerry devices, Apple Inc.'s [
AAPL] iPhone and Google Inc.'s [
GOOG] Android and to expand direct sales and channel partner support.
Trust Digital has now raised $30 million in funding. It raised $12.5 million in a Series B round in 2005 and $3 million in Series A funding in 2004.
-- David Shabelman
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