Elliptic Technologies, an Ottawa, Canada-based provider of integrated and intelligent solutions for embedded security in the electronics markets (mobile/wireless and home entertainment), secured $4m of additional funding.
Backers included BDC Venture Capital and Anges Quebec members (with Jean-Francois Grenon, as lead angel).
The company intends to use the funds for the continued development of its (tVault™) technology, and expansion of the sales and marketing teams and initiatives.
Led by Vijay Dube, President & CEO, Elliptic Technologies is a provider of embedded security hardware cores and software to chipset vendors, device manufacturers, service and content providers. Its integrated IP solutions help to secure products in markets such as mobile, networking infrastructure, home entertainment, smart grid and automotive.
FinSMEs
13/11/2013