V.i. Labs Secure $8M Series B Round

Today V.i. Labs reached a significant company milestone. We just announced our new funding and our plans to expand our business. This is a significant event for us and was only possible because we were able secure new customers and demonstrate the large market demand for software protection. Recently, we have secured contracts with large eVoting vendors, global mining software providers, as well as enterprise financial services. All of these organizations were concerned about their valuable or sensitive software IP because of competitive threats and selling their products into emerging high risk environments such as China and Russia.

In addition, our new investors viewed our solution as much more a product offering then the expensive and service-based alternatives that had been norm in the software protection market. We were able to demonstrate how we further differentiate our product by its support of Microsoft .NET Framework. Application providers are only just now becoming concerned about ease in which their source code can be accessed because of the .NET Framework architecture. Our product goes beyond obfuscation by providing active runtime protection as well as encryption for .NET code as well as consistent support for managed and unmanaged code.

-Vic

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