SealedMedia Appoints CEO, Secures $8M in Funding

Jan 09, 2004

SealedMedia Inc., a provider of enterprise document and email security solutions, has secured $8M in additional funding and has appointed a new CEO, George Everhart. Everhart, who recently took his new position, will be based in Los Gatos and will oversee the company's next phase of growth, including its expansion to the US-market. Alan Cornwell, the previous CEO will now serve as the company's COO and will oversee the company's international operations. The $8 million series E financing was jointly led by Crescendo Ventures and Pond Venture Partners. It will be used to finance growth and development of the business--particularly in the United States--and for the further development of the company's enterprise document security solutions.