Tag Archives: Mobile Security Solutions
Mobile Security Solutions: Latest News
Peter Pedroncelli, 5:02 am
Global investment fund Endeavor Catalyst has backed South African authentication and app security company Entersekt through a funding round that was realized in September. The Silicon Valley-based investment firm led a funding round for Entersekt amounting to around $5 million, with the investment being Endeavor Catalyst’s first ever in South Africa, where they have had an office since 2004.
Peter Pedroncelli, 5:06 am
South African mobile security solutions company, Entersekt, have concluded a deal that will see multi-million dollar investments made to fund the continued international expansion of the firm. The Stellenbosch-based company will be backed by investors Rand Merchant Investment Holdings (RMI) and Nedbank Private Equity (NPE). The two investors acquired minority shares in Entersekt for an undisclosed amount, with the mobile security solutions firm describing the investment as a multi-million dollar agreement.
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