Company

Press Release

SignaCert Inc. Secures $10 Million in Series A Funding

Dec 16, 2005

PORTLAND, Ore. — SignaCert, a service provider that enables trust-based computing for enterprises everywhere, announced today that it has secured $10 million in Series A funding from DCM-Doll Capital Management, Intel Capital, SmartForest Ventures and GarageTechnology Ventures.

SignaCert CEO Wyatt Starnes said the new capital will be used to accelerate development and delivery of new services and products.

Starnes, the former CEO and president of Tripwire, launched SignaCert in 2004 and has built a team with deep experience in IT management,compliance and security issues. Most recently, the company hired Thomas Hardjono, Ph.D, former Principal Scientist and Security Architect at VeriSign to serve as chief technology officer.

About SignaCert

SignaCert is the leading provider of end-to-end and partner-based IT compliance solutions based on known-provenance technology. These methods allow SignaCert's direct customers to rapidly achieve and prove continuous compliance for the systems that deliver critical business services. The SignaCert architecture is designed to seamlessly integrate with existing change processes and continuously monitor critical business services without disruption.

Founded in 2004 by 38-year IT security and compliance industry veteran Wyatt Starnes, SignaCert has assembled a world class team of industry leaders with hands-on IT experience.

SignaCert's end-customers span a wide variety of industries, including financial services, government, and healthcare.