Español

GigaTrust Sponsors Study
Gilbane Group: Enterprise Rights Management
Business Imperatives and Implementation Readiness

Contact    Product Support    Member Login     Search

GigaTrust Secures $11 Million Investment Led by Stanford Financial Group

Financing Reflects Success of High-Growth Enterprise Rights Management Security Solution

Herndon, VA September 29, 2008 - GigaTrust, the market leader in Enterprise Rights Management (ERM) security solutions that extend Microsoft’s Windows Rights Management Services (RMS), announced today that it has closed its $11 million Series E financing with new and existing investors. Stanford Financial Group, the major investor in the round, joined existing investors Atlantic Capital Group, Kirnaf Ltd, USA Fund, and GlenRock Ventures.

The funds will be used to build on GigaTrust’s high-growth U.S. operations and global expansion into Europe, Asia and the Middle East to meet global demand for its security products. In 2007, GigaTrust had record revenues, new products announcements such as CAD security with the acquisition of Pinion Software, and new customers additions, including the largest RMS deployment in the world at the U.S. Department of Veterans Affairs. GigaTrust also made new partnerships with IBM and RIM.

“We are pleased to have the Stanford Financial Group join the GigaTrust team,” said Robert Bernardi, Chairman and CEO of GigaTrust. “This new round of funding is a testament to our role as the leader in the high-growth market of information protection and will enable GigaTrust to broaden its global reach while continuing to drive innovation into our suite of security products.”

GigaTrust's ERM security solutions, built on Microsoft’s Windows Rights Management Services (RMS), enable anyone-to-anyone collaboration inside or outside the enterprise. The company’s email and content security software adhere to complex regulatory compliance and corporate governance requirements that many organizations face.

About Stanford Financial Group

Stanford Financial Group is a privately held global network of independent, affiliated financial services companies. Stanford’s core businesses are private wealth management and investment banking for institutions and emerging growth companies.

The Stanford Financial Group of companies provides private and institutional investors with global expertise in asset allocation strategies, investment advisory services, award-winning policy and equity research, international private banking and trust administration, commercial banking, investment banking, merchant banking, institutional sales and trading, real estate investment and insurance. Stanford has over $50 billion in assets under management or advisement.

Securities products and services are offered in the United States by Stanford Group Company, member FINRA/SIPC. Stanford Financial Group is not a legal entity, but a registered trademark that encompasses the global network of independent, but affiliated, privately held and wholly owned entities. More information on the company can be found at www.stanfordfinancial.com.


About GigaTrust

GigaTrust is the emerging market leader in the Content Security and Rights Management Services (RMS) market. GigaTrust software is especially valued in the public and private sector as a trusted method of controlling intellectual property and private data even after it has been delivered or removed from the network. GigaTrust protects email, file explorer, and web server application content without changing the way users work. Additional features include PDF support, dynamic revocation, compliance reporting, and the indexing of protected content as it is archived. GigaTrust offers a server-based solution for large enterprises, as well as a Managed Service for individuals and small businesses that do not want to set up an RMS server or reconfigure their firewalls. GigaTrust is a Microsoft® Gold Certified Partner. For more information about GigaTrust, visit www.gigatrust.com.

Contact:
Marisa Hagerman
Sage Communications
(703) 584-5637
marisah@aboutsage.com


2008 Gigamedia Access Corporation. All rights reserved. GigaTrust Product or company names mentioned herein may be the trademarks of their respective owners. The information contained in this document represents the current view of Gigamedia Access Corporation on the issues discussed as of the date of publication.

  Back to In the News