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ITADSecurity Lands New VC Funding

Monday, March 5, 2012 5:33:00 AM PDT | VentureDeal Staff
   Dover, Massachusetts  --  Security technology company ITADSecurity has received $75,000 in new venture capital investment, according to an SEC regulatory filing.

ITADSecurity has developed technology that it says "reduces the number of data breaches associated with physical data-bearing devices."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

The company is still seeking $275,000 in additional financing, according to the filing.

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PCI - Level1