Santa Clara, Ca-based Intoto, a provider of integrated security, wireless and voice software platform, has secured $11 million of investment led by Asia Tech Management. With this, the company has raised close to $15 million so far.

The additional resources will help Intoto drive further into profitability and fuel efforts to accelerate market momentum. Specifically, Intoto will use the funds to sharpen the focus on key customers and expand market presence to accelerate market share growth. Intoto’s founder, President & CEO Sathyan Iyengar believes that his investors’ global market experience will help open up additional opportunities. Asia Tech Management has a wide network in Asia-Pacific area including Taiwan and China. This should help Intoto. “We will help Intoto to capture the fast growing business opportunities through our networks,” says Katherine Jen, Managing partner of AsiaTech Management.

Intoto’s iGateway Software Platform is a communications gateway software suite for security appliances and broadband networking equipment. The company has licensed its solutions—firewall, VPN, intrusion protection, wireless security—to over 100 networking and communication equipment vendors. The company has been generating revenues since its inception [1998] and has over 750,000 installations across the U.S, Europe, Asia Pacific, claims Iyengar. He adds, “For the OEMs its ia ‘make versus buy’ decision. In order to cut time to market their product, they leverage on our platform to build their applications.”

Intoto has a promising market to address. The integrated security market opportunity has been estimated at $2.7 billion and will touch $5 billion by 2007 with a compounded annual growth rate of 40 per cent. What would differentiate Intoto from the competitors would be its innovative products. A part of the funds that has been raised will be used to accelerate the development of next generation software for the future security appliances and gateway devices.

Intoto’s India Center will become the hub of products development. The Indian operations will be responsible for design, development and maintenance of all Intoto’s communication products. In addition, it will address future broadband and enterprise communication equipment requirements, he added. “We plan to invest $15 million over a period of five years in India for setting up new centers in Chennai, Bangalore and Pune, apart from investing in hardware, testing labs, products development and manpower,” says Iyengar.