NitroSecurity Files for IPO

NitroSecurity Inc., a Portsmouth, N.H.-based provider of computer security hardware and software, has filed for an IPO. The company said that each unit will consist of one share of its common stock and one redeemable warrant to purchase one common share. It plans to trade on the Nasdaq, with Paulson Investment Co. serving as lead underwriter. NitroSecurity has raised over $13 million in VC funding from firms like Brookline Venture Partners and First Analysis Corp.