Flow Capital Announces Investment in Wedge Networks

General News

Summary

TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) today announces that it has completed a CAD $1.25M investment in cyber security leader, Wedge Networks, Inc. Wedge Networks’ innovative technology platform, Wedge Absolute Real-time Protection (WedgeARP), is a software-defined network security system. Deployed in data centers by enterprises and managed security service providers, WedgeARP currently inspects, detects, and blocks, in real-time, security threats for tens of millions of endpoints spanning more than 17 countries. Wedge does this through its patented Deep Content Inspection and hyper-streaming SubSonic Engine technologies, combined with artificial intelligence and best-of-breed security functions. “We are excited to help accelerate Wedge Networks’ international expansion with Flow Capital’s flexible and founder-friendly capital. For further information, please contact: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
Cybersecurity Software Network Security Software Threat Prevention Software

Linked Companies

Wedge Networks
$5M to $10M