Authentica Appoints New CEO, Raises $8M In Funding; Symantec and Counterpane Veteran John Bruce Brings Impressive Record of Leadership and Achievement
Summary
"We have tremendous confidence in Authenticas ability to continue to deliver innovative Enterprise DRM solutions, using their patented Active Rights Management(TM) technology. "As a founding investor in Authentica, were pleased to reinvest in a company that continues to grow and establish a strong position in the Enterprise DRM market," said Bill Kaiser, general partner at Greylock. In 2003, Authentica doubled its revenues from the previous year and added enterprise class customers including BlueCross BlueShield of Louisiana, Commercial Federal Bank, CSC, FTN Financial, Novation/VHA, NVIDIA, Toyoda TRW, UnitedHealthcare, Xilinx, and the U.S. Department of State. Whether its a company and its partners developing a new product and bringing it to market, or the intelligence and law enforcement communities fighting terrorism, its absolutely imperative that sensitive information be protected," said Bruce. Authentica, Inc. provides proven Enterprise Digital Rights Management (E-DRM) software for secure collaboration, publishing, and persistent control of intellectual property throughout its lifecycle.
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