RealDefense, a Pasadena, CA-based company which specializes in consumer security, privacy, and productivity software and support services, closed a multi-million dollar funding.
Participants include returning investors Corbel Capital Partners and Sunflower Bank, N.A., among other new lenders.
The company intends to use the funds to further accelerate its acquisition strategy in the privacy and cybersecurity technology sectors and strengthen its balance sheet. Recent M&A activity by RealDefense includes SUPERantispyware® and Support.com, both acquired from parent company Greenidge Generation Holdings, Inc. (NASDAQ: GREE).
Led by Sean Whiteley, President, RealDefense is a software development company that focuses on privacy, cybersecurity, and performance optimization software for PC, Mac and mobile devices, which it markets to consumers and small businesses through its distribution network of retail stores, resellers, licensing partners, and affiliates in 33 countries. It is known for its flagship product brands, including iolo System Mechanic® and SUPERAntiSpyware®, which protect over 3 million customers. Its expertise in telemetry and AI enables strategic partnerships with brands, and the provision of white-labeled privacy, security, and productivity optimization features and services to enhance existing products.
The RealDefense portfolio also features with privacy and security software brands such as STOPzilla, MyCleanID, MyCleanPC, USTechSupport, ioloVPN, GetMyDrivers, WarrantyStar, and Support.com.
FinSMEs
27/09/2023