Buda Texas based Cipherloc is raising $17,250,000.00 in a new round of Venture Capital investment.
Buda, TX – According to filings with the U.S. Securities and Exchange Commission, Cipherloc is raising $17,250,000.00 in a new round of investment. Sources indicate as part of senior management Chief Executive Officer, Michael DeLaGarza played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Cipherloc
CipherLoc Corporation is a data security solutions company whose vision is simple – Protect the World’s Data. Our highly innovative solutions are based on our patented Polymorphic Cipher Engine which is designed to take existing encryption algorithms and make them better, faster, stronger, and massively scalable. We deliver easy-to-deploy software solutions that can be added to any existing product, service, or application. In short, we keep information safe in today’s highly dangerous world.
To learn more about Cipherloc, visit http://cipherloc.net/
Contact:
Michael DeLaGarza, Chief Executive Officer
512-772-4237
mdlg@cipherloc.net
https://www.linkedin.com/in/michael-delagarza-76955a7/
SOURCE: http://www.intelligence360.io
Copyright (c) 2019 SI360 Inc. All rights reserved