Wednesday, December 9, 2009

Palisade Systems Completes $2.6M Venture Funding Round

Palisade Systems, Inc., a Des Moines, IA-based provider of Data Loss Prevention solutions for small and medium enterprise, has completed a $2.6m venture funding round.

The round was led by DeWaay Investment Partners, Cedar Valley Venture Fund, and Principal Life Insurance Company.

The new funds will assist the company in growing sales and marketing efforts. Palisade Systems will continue to expand its offerings, working with more service providers, and update its flagship product, the PacketSure Data Loss Prevention suite.

FinSMEs

09/12/2009

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