Finjan Invests in VC Fund Focused on Cybersecurity

Finjan Holdings, Inc. (OTC MKT: FNJN), an online security and technology company, made a strategic investment in an Israel-based venture capital fund that will target early-stage technology companies focused on innovating the cybersecurity space.

The amount of the transaction was not disclosed.

The fund’s technology R&D investments will focus on many areas central to cybersecurity vulnerabilities today including, Zero Day Attacks, Advanced Persistent Threats, Cloud Security, and broader sectors impacting Next Generation Firewalls, Mobile and Personal Device Protection as well as Big Data Analytics and Forensics.

Since inception, Finjan has raised over $65m in venture financing for R&D investment in its software security legacy operating business.
As an online security and technology company, it owns a portfolio of patents, related to software that proactively detects malicious code and thereby protects end-users from identity and data theft, spyware, malware, phishing, trojans and other online threats.

FinSMEs

25/11/2013

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