Regional Roundup – South

Authentium Inc. of Jupiter, Fla., raised $120,002 from two accredited investors through a private placement of common stock. The developer of security software, which provides encryption and anonymous payment methods for Internet based broadband streaming media, intends to use the proceeds from the offering for working capital. For more information, call John Sharp, CEO, at 561-575-3200.

OpenPeak Inc. of Boca Raton, Fla., has filed to raise $10 million through a Series B-1, B-2 and B-3 preferred stock round of financing. At the time of its SEC filing, the company had already raised $4.4 million from seven accredited investors. The software developer intends to use the proceeds from the offering for working capital. For more information, call Howard Kwon, vice president, at 561-620-3580.

SimDesk Technologies Inc. of Houston has filed to raise $5 million through a private offering of units of 6% convertible note. At the time of its SEC filing, the company had already raised $300,000 from one accredited investor. A minimum investment of $25,000 is required on the placement. The software developer intends to use the proceeds from the offering for working capital. For more information, call Louis Waters, COO, at 713-690-6016.

Intrusec Inc. of Atlanta raised $5 million from five accredited investors through a Series A convertible preferred stock round of financing. The network security software developer intends to use the proceeds from the offering for working capital. For more information, call Marc Winn, CEO, at 678-318-1826.