TriCipher Raises $15 Million

TriCipher, a < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />San Mateo, Calif.-based provider of authentication security solutions for protecting online channels against fraud and identity theft, has raised $15 million in Series C funding. RBC Technology Ventures led the deal, and was joined by return backers Arrowpath Venture Partners, Intel Capital, Trident Capital, Wasatch Venture Fund and Zions SBIC. The deal also includes a debt facility provided by Comerica.

Press Release:
TRICIPHER RECEIVES $15 MILLION INVESTMENT TO FUND CONTINUED GLOBAL EXPANSION< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />