Aggregate increases its investment in Cryptzone
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Gothenburg, 28th of January 2008 - Aggregate Media Fund has invested 2 million SEK in a second round of funding to Cryptzone AB, the Nordics leading Data Leak
Prevention Company. This commitment brings Aggregate’s investment in the company to 3 million SEK. With proceeds from the round, Cryptzone will continue building brand awareness
and investor recognition.
"Aggregate is impressed with how fast Cryptzone has grown. In 2007, the company signed 153 new enterprise customers including large organizations such as NCC, Dialect and Östgöta Brandstods AB, Länsförsäkringar" says Patrik Rosén, CEO for Aggregate. "We are excited about Cryptzone’s momentum and believe we can help build their brand awareness, increase investor recognition and continue to build market share". "We are pleased about this second round of investment" says Peter Davin, CEO for Cryptzone. "This funding allows us to aggressively expand our sales and marketing efforts while continuing the development of breakthrough encryption products that the market is beginning to acknowledge as a must-have requirement for conducting secure digital commerce today". About Cryptzone: Cryptzone is a recognized leader in data leak prevention solutions that secure data at rest and in transit by applying the industry strength Simple Encryption Platform (SEP). Cryptzone provides security solutions that people and companies actually can and will use, thereby increasing the overall data protection and minimizing data leaks. Cryptzone secures email, files, folders, disks, USB sticks and mobile terminals without forcing users to change the way they work, while giving IT departments’ central control of user rights. The company has offices in Gothenburg, Sweden, New York, US, and Munich, Germany. For more information about Cryptzone and the company’s portfolio of data leak prevention and encryption solutions, visit www.cryptzone.com Natasha Nay, VP Marketing Email: natasha.nay@cryptzone.com Phone: +46 31 773 8631 Peter Davin, CEO Email: peter.davin@cryptzone.com Phone: +46 (0) 701 839 199 About Aggregate: Aggregate Stockholm AB is a management company that is commissioned to administrate the funds within Aggregate Media Fund III, commonly owned by ten larger media companies. The fund invests in media space as a means of expansion capital for small and medium sized companies. With an increase in marketing the companies have the chance to substantially improve their development and increase the total worth of the companies. Patrik Rosén, CEO Email: patrik.rosen@aggregatemedia.com Phone: +46 (0)70 497 28 68 www.aggregatemedia.com |
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