TrustWave Buys Vericept

Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has acquired Vericept Inc., a Denver-based provider of provider of data loss prevention and IP protection solutions. No financial terms were disclosed. Trustwave raised $10 million from FTV Capital in 2004, while Vericept had raised nearly $70 million since 2000 from firms like Sigma Partners, Chicago Growth Partners, Globespan Capital Partners, Visa and Sequel Ventures.

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