Confidela Scores New Funds
California-based Confidela, the maker of document protection and tracking system WatchDox, wrapped a $9.25 million round of funding from existing investors Gemini Israel Funds and Shlomo Kramer, as well as new contributor Shasta Ventures. The funding, announced Tuesday morning, is the company’s second round; Gemini and Kramer (one of the founders of Check Point and Imperva) had injected $5.5 million into the startup from which, according to Adi Ruppin, the company’s VP of business development, Confidela has some reserves remaining from the initial investors. But not for long.
11 January 2011•1 min read
