Announces New Investment in Data Security Provider
Summary
Merion Investment Partners III, L.P. is pleased to announce a new investment in CRU Data Security Group LLC (“CDSG”). Merion provided subordinated debt with warrants to support the merger of Cru and Digistor. Headquartered in Vancouver WA, CDSG is a trusted provider of data security, data transport and disaster-proof data storage device. Digistor is a leading manufacturer of secure solid-state drives and removable storage solutions. Adding Digistor to the CDSG family of brands expands and strengthens secure data storage offerings for PC and enterprise OEMs, government agencies and defense and military customers.
Funding
Amount
-
Total raised
Date
March 8, 2021
Announcement date
Investors
-
Lead investors
Company
http://www.cru-inc.com
Funded company
Classifications
industries
HealthTech
applications
Data Management
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
CRU DataPort
$5M to $10M