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Onapsis Raises Series B Venture Capital

Thursday, August 27, 2015 5:01:00 AM PDT | VentureDeal
   Cambridge, Massachusetts  --  Security technology company Onapsis has secured $13.8 million in its second round of venture capital funding, according to an SEC regulatory filing.

Onapsis sells solutions to help protect ERP (Enterprise Resource Planning) systems from cyber attacks.

The company says that its systems are used by customers with SAP and Oracle databases to protect against espionage, sabotage and financial fraud.

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

Onapsis is still seeking $4.9 million in additional financing, according to the filing.

Company CEO Mariano Nuñez co-founded the firm in September 2009.

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