Covertix Raises $1 Million, Helps Companies Secure Sensitive Data

Wednesday, 12 January 2011 16:55

Covertix Raises $1 Million, Helps Companies Secure Sensitive Data

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Covertix, an Israeli startup that provides enterprise-grade solutions for protecting and monitoring sensitive corporate data, has raised $1 million in early-stage funding. The round was led by Kima Ventures, the investment firm founded by well-known

European entrepreneurs Jeremie Berrebi and Xavier Niel. Covertix says the capital will be used to try and gain market share across the European market, expand sales and marketing activities and product development.