Tech Company Financing Transactions
CounterStorm Funding Round
JK&B Capital, Novak Biddle Venture Partners and Paladin Capital Group participated in a $9.5 million Series B funding round for CounterStorm. The round was announced on 12/12/2005.
Transaction Overview
Company Name
Announced On
12/12/2005
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series B
Investors
Proceeds Purpose
The private investment will be used for expanding sales and marketing activities.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
5 West 19th St. 2K
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Overview
CounterStorm, based in New York City, is the maker of CounterStorm-1, the only internal network security solution that effectively stops zero-day attacks in seconds. CounterStorm is the first network security company to simultaneously win two Small Business Innovative Research Phase II grants from the Department Homeland Security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gil Arbel
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