Fortiva Raises $5 Million in Series A Financing

Apr 05, 2005


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Fortiva Inc, a provider of email archiving solutions for compliance and legal discovery, has raised an additional $4 million in equity financing from Ventures West and Mclean Watson Capital. This amount is in addition to the $1 million invested by McLean Watson in late 2004. The funds will be used to support sales and marketing efforts as well as further product development.

Fortiva recently launched its hybrid email archiving solution, a product designed to help organizations meet regulatory compliance, legal discovery, and email storage management requirements. Using DoubleBlind Encryption technology, Fortiva aims to ensure all email data is securely encrypted in both transmission and storage, eliminating traditional security concerns with outsourced data storage.
(www.fortiva.com)