Verdasys, a Waltham, MA-based provider of Enterprise Information Protection (EIP) solutions, has received $15m in funding from the GE Pension Trust, advised by GE Asset Management.
This company intends to use the funds to expand its Digital Guardian™ Platform into mobile devices and cloud security as well as add to its team and expand distribution channels into new markets.
Led by CEO Jim Ricotta, Verdasys provides an enterprise information protection platform (Digital Guardian) that discovers, classifies, monitors, controls and encrypts sensitive information at rest, in use and in motion across desktops, laptops, mobile devices, email, Web transactions, virtual environments, enterprise applications and cloud environments.
Customers include the US and UK Federal Governments and global companies in financial services, insurance, technology, manufacturing, and healthcare industries around the world.
The company has additional offices in Reading, UK, and Tokyo, Japan.