Liquid Machines Receives $10 Million Investment

Feb 05, 2008

Liquid Machines, Inc., a provider of enterprise rights management (ERM) solutions, announced that it has closed its Series D financing with $10 million from both new and existing investors. RRE Ventures, the lead investor in the round, has joined existing investors Goldman, Sachs & Co, Atlas Venture, Masthead Ventures, and Draper Fisher Jurvetson in supporting Liquid Machines' growth operations and global expansion. The funds will be used to build on Liquid Machines' success in the commercial and public sector markets, scale its operations, and begin international distribution to meet the global demand for its enterprise rights management solutions. In addition to the investment, Will Porteous, General Partner of RRE Ventures, will join Liquid Machines' board of directors.