Tech Company Financing Transactions

Safend Funding Round

Safend closed a $7.4 million Series B financing round on 1/4/2006. Investors included Elron Electronic Industries, Intel Capital and Walden Israel.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Elron Electronic Industries (Lead Investor) (Yair Cohen)

Intel Capital

Walden Israel (Noga Kap)

Proceeds Purpose
This new round of funding will help Safend solidify its US presence and further expand the business into additional global markets, as well as enhance and expand our product offering in order to provide wider-reaching protection against ever-growing security threats.

Company Information

Company Status
Acquired or Merged
Mailing Address
2 Penn Center 301
Philadelphia, PA 19102
Email Address
Safend's best of breed endpoint security solutions enable organizations to securely enjoy the advantages of mobile computing - from removable media and wireless protocols to the smartphone - enhancing productivity without sacrificing data security.
Safend LinkedIn Company Profile
Social Media
Safend Company Twitter Account
Company News
Safend News
Safend on Facebook
Safend on YouTube

Management Team

Email & Social
Chief Executive Officer
Gil Sever
  Gil Sever LinkedIn Profile  Gil Sever Twitter Account  Gil Sever News  Gil Sever on Facebook
VP - Bus. Development
Edy Almer
  Edy Almer LinkedIn Profile  Edy Almer Twitter Account  Edy Almer News  Edy Almer on Facebook
VP - Operations
Moshe Milman
  Moshe Milman LinkedIn Profile  Moshe Milman Twitter Account  Moshe Milman News  Moshe Milman on Facebook
VP - R & D
Adam Carmi
  Adam Carmi LinkedIn Profile  Adam Carmi Twitter Account  Adam Carmi News  Adam Carmi on Facebook
VP - Sales
Jay Smilyk
  Jay Smilyk LinkedIn Profile  Jay Smilyk Twitter Account  Jay Smilyk News  Jay Smilyk on Facebook



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Prev: 1/4/2006: CopperGate Communications venture capital transaction
Next: 1/4/2006: EZ Prints venture capital transaction


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Our team works diligently to record funding rounds that are announced publicly. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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