SAN JOSE, Calif., April 5 /PRNewswire/ -- Quantum Secure, Inc., a pioneer in the development 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. Prior seed investor NexGen Capital Ventures joined the latest round as well. Quantum Secure will use the additional financing to continue to develop their product lines and to expand sales and marketing initiatives.
"Physical Security infrastructure is comprised of disjointed, disparate proprietary systems which are difficult to manage and interoperate" said Quantum Secure's founder and CEO, Ajay Jain. "Quantum Secure is 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 cardholder'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. This additional investment will help us expand our sales, marketing and produce development needs".
Founded in 2004, Quantum Secure is headquartered in the Silicon Valley, with R&D facilities in Bangalore, India. The company employs approximately 35 people.
"Dunrath Capital is impressed with Quantum Secure's vision for addressing such a complex pain point of the market," said Brian Gannon, General Partner at Dunrath Capital. "We conducted a detailed search of the market to find a mature next generation technology addressing the growing need for convergence of physical security with IT security. We believe that Quantum Secure, with their capable management team, will lead this technology trend to swiftly become a global brand. The quality of the customers who have adopted Quantum Secure's technology, including G 2000 companies and government organizations, speaks for their sophistication."
Brian Gannon and Jim Kopczynski from Dunrath Capital join the Company's Board of Directors with this funding.
For more information on Quantum Secure, Inc. visit http://www.quantumsecure.com/, e-mail info@quantumsecure.com, or call 408-687- 4587.
About Quantum Secure:
Quantum Secure was founded to satisfy the emerging demand for a standardized physical security environment within established infrastructure. As the leading authority in policy based converged physical security management, the San Jose, CA based company developed its SAFE System which enables users to centrally define, document, deploy and enforce physical security policies across multiple sites and systems.
About Dunrath Capital:
Dunrath Capital (http://www.dunrath.com/) is a research-based private equity and strategic advisory firm. Headquartered in Chicago, the Dunrath team has extensive operating and investment experience in the sectors in which they invest and advise. The current principal investment fund, Dunrath Capital Infrastructure Surety Fund, LP, invests in early and growth-stage companies delivering infrastructure surety products and services. Infrastructure surety is defined as those products and services that identify, protect, or defend against threats to modern infrastructures.
EDITORIAL CONTACT
Sara Greenberg / LRG Marketing
Phone: 845-358-1801
Fax: 845-358-1899
e-mail: sgreenberg@lrgmarketing.com
Website: http://www.quantumsecure.com/
Website: http://www.dunrath.com/