After acquiring a United Kingdom-based competitor in October, a Denver cybersecurity company has raised $4 million as it expands overseas and keeps developing its software.
InteliSecure, which flags suspicious-looking uploads and downloads on its clients’ computer systems, disclosed its raise to the SEC on May 25. Overall, it has raised $12.1 million.
InteliSecure CFO Gary Schlisner said the company is “topping off” a previous capital raise from the fall.
“We were considering taking more money out at the time (of the acquisition),” Schlisner said. “Now we’re looking for a chief marketing officer – and we’re always looking for security talent to work in our operations here.”
And in the U.K., Schlisner said the company plans to double its footprint to a 9,000-square-foot office in Reading, England, by August or September.
InteliSecure is seeking a total of $5.5 million, the SEC filing said. For the full article click here
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