CipherMax, enterprise storage security co., raises $10M

CipherMax, a San Jose company that offers storage encryption technology to companies so they can secure their data, said it has raised $10 million in new financing.

U.S. Venture Partners, Venrock Associates and Scale Venture Partners (formerly BA Venture Partners), co-led the round of funding.

CipherMax says its technology allows companies to view and manage the encryption from a single interface.

This is one of the dozens of storage companies founded during the Internet bubble era, and… Continue Reading