KoolSpan Raises $7.1 Million

KoolSpan Inc., a Bethesda, Md.-based provider of secure connectivity solutions that for uniting mission-critical network devices, has raised $7.1 million in Series C funding. Security Growth Partners led the round, and was joined by fellow return backers TWJ Capital, Rose Tech Ventures and members of New York Angels. The company has now raised over $21 million in total VC funding since 2003.

 

PRESS RELEASE

KoolSpan, Inc. today announced it has closed a $7.1 million equity financing led by New York-based Security Growth Partners, together with TWJ Capital, Rose Tech Ventures, and members of New York Angels. KoolSpan's TrustChip