San Jose-Based IPLocks Lands Another $4.4 Million to Close Fourth Round

San Jose, Calif. -- IPLocks, a San Jose-based maker of database security and compliance software, said that it has raised an additional $4.4 million to close its fourth round of funding at $15.4 million. The news comes more than two months after the company first announced its $11 million round from institutional and individual investors. The company's software, used by clients such as E&Y, NEC and WesCorp, is designed to protect company and customer data by detecting vulnerabilities, monitoring user behavior and providing an independent audit trail to support regulatory compliance. All told, the company said that it has more than 130 customers in North America, South America, Europe and the Asia Pacific region.
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