Breach Security Secures $5M in Expansion Financing

Breach Security, Inc., a Carlsbad, Calif.-based provider of real-time, continuous web application integrity, security and compliance that protects sensitive web-based information, has secured $5m expansion financing from existing investor Sid R. Bass Associates.
The proceeds will be invested in Breach’s product development and to further market expansion efforts.
As stated by Sanjay Mehta, senior vice president for Breach Security: “Sid R. Bass Associates’ further investment in the company provides the capital required to extend our technology innovation and market leadership”.
FinSMEs
07/10/2009

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