ChosenSecurity Secures Series A

ChosenSecurity Inc., a Needham, Mass.-based provider of identity verification and security services, has raised $8.5 million in Series A funding. .406 Ventures led the deal, and was joined by Castile Ventures and Prism VentureWorks. The company was founded last year as a spinout from GeoTrust, just prior to that company's Q3 acquisition by Verisign. Both Castile and Prism had been investors in GeoTrust.