BEIT DAGAN, Israel, September 17, 2014 /PRNewswire/ --
Secure Islands to apply investment to its ongoing expansion in North America and Europe
Secure Islands, a leading provider of advanced Information Protection and Control (IPC) solutions for the borderless enterprise, has received an investment from Credit Suisse NEXT Investors, LLC. The investment will allow the company to continue its expansion in North America and Europe as it works with corporations to protect their most sensitive data. Details of the investment are not disclosed.
"The investment by Credit Suisse NEXT Investors is a landmark event for us as we continue to build out our business in target regions," said Aki Eldar, co-founder and CEO of Secure Islands. "Our relationship with Credit Suisse NEXT Investors validates our strategy and mission to provide a unique market solution to all of our clients."
"We invested in Secure Islands because they have built a solid core of technology, and are led by a senior management team that has an in-depth understanding of its customers' needs. We are excited by the potential of the company and its management, particularly as it expands and penetrates key markets," said Alan Freudenstein of Credit Suisse NEXT Investors.
The unique and innovative approach offered by Secure Islands protects unstructured data throughout its lifecycle - from content creation through collaboration to storage. Unlike traditional solutions that deal mainly with the enterprise's perimeter, and focus only on its entry and exit points, Secure Island's flagship product, IQProtector™, offers a new paradigm. Preforming data immunization on each and every file, it provides full protection for sensitive data whether it is at rest, in motion or in use - on the organization's premises, on mobile devices or in the cloud. With Secure Islands' technology, CISOs and IT professionals make sure that organizational security policies are enforced, while making the data fully accessible to authorized users, regardless of where it resides.
Yuval Eldar, co-founder and CTO of Secure Islands, also commented, saying: "We have built a wonderful relationship with Credit Suisse [as a customer] that paved the way for Credit Suisse NEXT Investors to become a leading investor in the company. This is a vote of confidence in our products, management and vision."
About Secure Islands
Founded in 2006 by Aki and Yuval Eldar Secure Islands provides advanced Information Protection and Control (IPC) solutions for the borderless enterprise. Offering policy-driven classification and protection for unstructured data, Secure Islands lays the foundation for sensitive information security in enterprises as they shift from perimeter defense to persistent protection. Secure Islands redefines information security and assists companies in regaining control by identifying, classifying and protecting sensitive information throughout its lifecycle. Secure Islands' solutions are deployed in top-tier Fortune 500 firms and government agencies worldwide. http://www.secureislands.com
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SOURCE Secure Islands