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Quantum Secure secures $4 M
By siliconindia
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Monday, 09 April 2007, 19:30 IST
San Jose: Quantum Secure, Inc., developers of policy based enterprise physical security solutions, today announced that they have successfully completed $4 million in Series A funding, led primarily by Dunrath Capital, Crestline Investments.
According to the founder and CEO of Quatam Secure, Ajay Jain, this additional investment will help the company expand their sales, marketing and produce development needs. Prior seed investor NexGen Capital Ventures joined the latest round as well.
"Physical Security infrastructure is comprised of disjointed, disparate proprietary systems which are difficult to manage and inter-operate" said Jain adding that Quantum Secure was the first company in the industry with a solution to create and deploy policies/business rules across a global physical security infrastructure. "The paradigm of integrated policy and card holder's identity management, corporate security risks and compliance management is now a reality. Our customers are experiencing compelling ROI by deploying Quantum Secure's solutions," he said.
Founded in 2004, Quantum Secure is headquartered in the Silicon Valley, with R&D facilities in Bangalore, India. The company employs approximately 35 people.