Watchful Software, a Coimbra, Portugal-based provider of data-centric information security solutions, has secured its initial round of funding.
The investment was made by the Critical Ventures I Fund, in conjunction with funding from Critical SGPS, S.A..
The company intends to use the funding to bring its information security technologies, which have been under development for two years, to market.
Formed in 2012 as a spin-off from Critical Software, S.A., and led by Charles Foley, Chairman, Watchful Software provides:
– RightsWATCH, a data-centric information security solution, and
– TypeWATCH, an advanced persistent eBiometric software solution.
They were both the result of work done on government and enterprise contracts to address specific security concerns, and have been enhanced as security platforms for global enterprises across information-heavy industries such as the government, defense, finance, energy, and telecommunications sectors.