Tech Company Financing Transactions

Bsafe Information Systems Funding Round

Bsafe Information Systems, based in Hackensack, secured $15 million from Hyperion Israel Venture Partners.

Transaction Overview

Announced On
12/1/2004
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The proceeds of this financing will primarily be used for expansion of Bsafe Information Systems' Sales and Marketing operations in North America.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
25 E. Salem St. 427
Hackensack, NJ 07601
USA
Email Address
Overview
Bsafe/IS is the leading provider of network and data-security products for IBM iSeries (AS/400), zSeries (mainframe) and open source platforms. When iSeries (AS/400) evolved into a major network server with remote TCP/IP connections, Bsafe/IS developed the Bsafe/Global Security, for iSeries software to protect it from misuse or unauthorized access.
Profile
Bsafe Information Systems LinkedIn Company Profile
Social Media
Bsafe Information Systems Company Twitter Account
Company News
Bsafe Information Systems News
Facebook
Bsafe Information Systems on Facebook
YouTube
Bsafe Information Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shimon Bouganim
  Shimon Bouganim LinkedIn Profile  Shimon Bouganim Twitter Account  Shimon Bouganim News  Shimon Bouganim on Facebook
VP - Sales
Arjon Cohen
  Arjon Cohen LinkedIn Profile  Arjon Cohen Twitter Account  Arjon Cohen News  Arjon Cohen on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/30/2004: EnteroMedics venture capital transaction
Next: 12/1/2004: Intarcia Therapeutics venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary