Cloakware Secures $10 Million in Series B Round Funding

Yahoo: Virginia based Cloakware Inc., an innovative developer of solutions for protecting software and systems from unauthorized access and piracy, announced yesterday that it has secured $10 million in an oversubscribed Series B round of financing. This funding will allow the Company to continue its aggressive growth beyond its Digital Rights Management (DRM) leadership, with innovative enterprise application-level security solutions. (Cloakware provides solutions for protecting corporate information assets, confidential information and digital content and is extremely well positioned to become an industry leader in this large emerging market segment..)