Data protection company Guardian Edge raises $13.5M

July 24, 2007 | Matt Marshall

GuardianEdge, a San Francisco company offering data protection software for large businesses, has raised $13.5 million in a second round of funding. The investment was led by Cargill Ventures, and first announced in May.

The company says its software is used to ensure compliance with consumer privacy policies and to secure mobile computing. Customers include Lockheed Martin Corporation, Deutsche Bank AG and Humana Inc, it says.

Yesterday, PE Wire said Thomvest Ventures Inc. Altos Ventures and Cardinal Venture Capital also participated in the round, and that it included $3.5 million in debt financing from Silicon Valley Bank and Costella Kirsch.

Next Story: Plato Networks, chip company for low-power data centers, raises $20M
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Tags: deal

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.