RealDefense Closes $30M in New Financing
Summary
RealDefense, a Pasadena, CA-based company that develops and markets privacy, security, and optimization software and services, raised $30m in financing. The company, which has raised a total of $50m in four funding transactions to-date, intends to use the funds to compete for more acquisitions in the privacy and cybersecurity technology sectors. Led by CEO Gary Guseinov, RealDefense focuses on privacy, cybersecurity, and performance optimization software for PC, Mac and mobile devices, which it markets to consumers and small businesses through its distribution network of 20,000+ retail stores, resellers, licensing partners, and affiliates in 33 countries. The company has also developed a M&A playbook for up-selling, cross-selling, and providing customer support in order to dramatically scale acquired companies to their optimal value. Other privacy and security software brands in the portfolio include: iolo, STOPzilla, MyCleanID, MyCleanPC, USTechSupport, Iolo SafeSearch, VirusFix, and WarrantyStar.