WISeKey, a Geneva, Switzerland-based information security and identity management software and services firm, has secured $20m pre-IPO at a $200m valuation. The round of funding, which was raised in 4 months, was led by a group of USA, European and Swiss institutional and private investors.
The investment will enable the company to expand its operations in BRIC countries (Brazil, Russia, India And China).
WISekey tools for the encryption of data and for digital identification of individuals and objects are aimed to fight against counterfeiting, to provide security for Identity cards and bankcards, transactions on the Internet and portable phones, etc. Governments, international organizations, watch manufacturers and the telecommunication companies require our services.
The company is currently candidated for an IPO in Switzerland as soon the market stabilizes.
FinSMEs
26/04/2010