Afore Solutions Closes $6M Financing

Afore Solutions, Inc., an Ottawa, Canada-based provider of cloud security and management solutions, closed a $6m financing.

The round was led by the BDC Venture Capital IT Fund.

The company intends to use the capital to expand its marketing, sales and operations capacity and to accelerate next generation IP and product development.

Led by Alex Berlin, President and CEO, and and Jonathan Reeves, Chairman and CSO, AFORE Solutions provides enterprises and cloud service providers with a software security appliance (CloudLink®) to protect mission critical data at-rest and in-motion in virtualized IT and multi-tenant cloud environments. The solution enables regulatory compliance (HIPAA, PCI, SOX), and delivers comprehensive protection of sensitive data with AES-256 encryption.
CloudLink has been designed to work in multi-tenant, private, hybrid and public clouds including VMware’s vCloud™, Microsoft Azure™, CA’s AppLogic® and Amazon® EC2 and VPC environments.



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