Madison Parker, Gladstone Invest in Data Security Co. Venyu

Data security company Venyu Solutions has raised an undisclosed amount from Madison Parker Capital and Gladstone Investment Corp. The financing supported a management buyout of Venyu from it’s parent company PHNS. As a result of the funding, Brent Brown, a managing director at Boston-based Madison Parker, will join Venyu’s board. Venyu is based in Baton Rouge, La.

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