TrustDefender Raises $16M for Global Expansion

TrustDefender, an Artarmon (NSW), Australia-based provider of a real-time risk based online transaction security solutions, has received an AU$16m investment from Nexbis Ltd (ASX: NBS).
The investment was made in the framework of a round led by Anthem Corporate Finance, a London, UK-based corporate finance house which specialises in the telecommunications and technology space, with a particular focus on the defence and cyber security sectors.
The funding will be used to expand sales, marketing and delivery operations in Europe and North America, which are increasingly under sophisticated waves of crimeware attack.
In particular, the investment will allow TrustDefender to execute a growing number of projects in financial institutions, businesses, governments and banks.

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