Palo Alto, Calif. -- PGP, a Palo Alto-based developer of data encryption
and digital signature software, said on Wednesday that it has raised $10
million in a new round of funding from DCM-Doll Capital Management,
Venrock Associates, SVB Capital and Silicon Valley Bank. The company
said that it plans to use the new capital to expand its research and
development focus on network storage and mobile security. The company
said that its customers include 84% of the Fortune 100.