ActiveTrak Closes First Round of Funding

ActiveTrak Inc., a Portland, Oregon-based provider of innovative and patented mobile endpoint security solutions for consumers and the enterprise, closed its first round of funding.
The round was led by strategic investor ProtectCell, a leader in mobile phone warranty and handset protection, based in Michigan.
The funds provide the company with needed capital to accelerate development of its enterprise and mobile security solutions, as well as with direct distribution through 1,300 wireless retailers at the point-of-sale and other sales channels and opportunities.
Since 2007, ActiveTrak Inc. has been reuniting lost or stolen laptops, mobile phones, and portable media devices with their rightful owners who installed the company’s GadgetTrak© software, which utilizes features on mobile devices such as cameras and Internet connectivity to apply multiple layers of security that protect sensitive data and locate missing devices.
FinSMEs
09/03/2010

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