PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Syntensia

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Syntensia Secures Expansion Financing - Leading Network Security-on-Demand company charts further growth in emerging markets - secured financing of $3.5 million with an option for an additional $4 million through a share issue directed to InnovationsKapital
Syntensia Secures Expansion Financing

 

NewswireToday - /newswire/ - Stockholm, Sweden, 2008/06/03 - Leading Network Security-on-Demand company charts further growth in emerging markets - secured financing of $3.5 million with an option for an additional $4 million through a share issue directed to InnovationsKapital.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Syntensia AB, a pioneer in subscription Network Security-On-Demand solutions, has secured financing of $3.5 million with an option for an additional $4 million through a share issue directed to InnovationsKapital, a leading Nordic venture capital firm, and a group of private investors in Sweden and abroad. Syntensia chairman is John Wattin.

Syntensia, headquartered in Stockholm and with sales offices in twenty major Indian cities, Philippines and Cambodia was established in 2005 by Kaushik Thakkar. It focuses on providing all-in-one network security solutions for SMB in high growth emerging markets.

"This investment allows Syntensia to continue our solid growth in India and our expansion in Cambodia and the Philippines," said Syntensia CEO Johan Hansson. "It also makes possible expansion into other Asian markets. We are particularly pleased to have attracted the support of InnovationsKapital, which has a reputation for backing innovative growth companies in Scandinavia."

“Syntensia is capitalizing on the powerful combination of a low cost, high demand product offering to fast growing markets. We are very pleased with our investment in Syntensia and feel very excited about the company’s potential,” said InnovationsKapital’s Investment Director Magnus Berglind.

Syntensia's WK product series is the most cost-effective and comprehensive network security solution for SMB available in the market today. These hardware-based appliances are Plug and Play ready, all-in-one network security solutions that integrate seven crucial security check points - Firewall, VPN, Intrusion Protection, Anti Virus, Spam Elimination, Surf Protection and Spyware Guarding and are available for a nominal subscription fee.

Syntensia’s subscription model typically bundles everything into its single subscription fee, including automatic updates, maintenance and 24X7 technical support, thus enabling organizations to eliminate upfront costs, providing a predictable cost structure, and ensuring quality of service and the freedom to re-evaluate the solution decision any time.

For further information please contact:
Johan Hansson, CEO, Syntensia
P: +1 917 582 0753
E: johan[.]syntensia.com.

Magnus Berglind, Investment Director, InnovationsKapital
P: +1 917 582 0396
E: magnus.berglind[.]innkap.com.

About InnovationsKapital
InnovationsKapital (innkap.com) was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences — dynamic sectors that are rapidly expanding and where Nordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

About Syntensia AB
Syntensia AB (syntensia.com) is a European Company headquartered in Stockholm, Sweden. Established in 2005, Syntensia is a pioneer in Security on-demand solutions sold on subscription basis. Syntensia focuses on providing all-in-one network security solutions for SMB in high growth emerging markets.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Syntensia

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
IT Security Anti-Spam Computer Security - Purchase keywords tags antivirus software firewall spyware removal virus scan computer security IT Security Anti-Spam malware / Banner Ads!.

 
  Your Banner Ad showing on ALL
IT Security/Anti-Spam articles,
CATCH Visitors via Your Competitors Announcements!


Syntensia Secures Expansion Financing

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Syntensia.com 
info[.]syntensia.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Syntensia securities in any jurisdiction including any other companies listed or named in this release.

IT Security/Anti-Spam via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Syntensia / Company Profile


Read IT Security/Anti-Spam Most Recent Related Newswires:

New Research Supports Think Tank Assertions on Cyber Resilience Planning
Comodo Announces Comodemia, an Industry-first Cybersecurity Research Service for Academia
Sonus SBC 5400 Session Border Controller Delivers Miercom Certified Security and Performance
NEC Contributes to SoftBank's New 'Twin Access' Mobile-network-powered Business Access Service
NEC Opens First Advanced Centre for Experimentation (ACE) in Singapore
Hitachi High-Technologies Develops 'ETHOS' High-Performance Composite FIB-SEM System
Sonus Accelerates and Simplifies Enterprise Unified Communications Migration with Sonus Advantage
NEC Facial Recognition Adopted by Major Cities Across Georgia
Three Gartner Hype Cycles 2017 List High-Tech Bridge as A Sample Vendor
Thales Strengthens its Multi-cloud Data Security Portfolio
Regional Community Bank Expands Use of Fraud and Security Intelligence Solutions from Verint
Algar Telecom Selects Sonus Cloud-Native Session Border Controller for Nationwide SIP Services Expansion
Verint and Group Elite Communications Announce New Partnership
NEC Technology Enables Ink Dots to Become Identification Tags
Sonus Becomes First SIP-Centric Security Vendor to Join Fortinet’s Fabric-Ready Partner Program

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)