Revulytics Raises $8 Million in Second Round

Tuesday, November 6, 2007

Revulytics (formerly V.i. Labs), a provider of software protection solutions for securing high-value and mission-critical applications, announced today it has closed $8 million in Series B funding.

The new financing was led by Ascent Venture Partners of Boston and Core Capital Partners of Washington, D.C. Both organizations focus on financing and supporting emerging market leaders. This latest round also includes additional financing from existing V.i. Labs investor Rockford Capital.

“We secured this funding based on our ability to differentiate our product from complex alternatives, while capturing a large share of the emerging software protection market,” said Joe Noonan, CEO and President of Revulytics. “Our existing customers and pipeline reinforce our ability to lead in this space. With this financial backing from Ascent, Core Capital and Rockford, we will be able to expand our engineering team and elevate sales and marketing efforts... READ MORE