Monday, May 31, 2004

Bluefire Secures $10 Million for Wireless Firewalls

Bluefire Security Technologies, a start-up based in Baltimore, raised $10 million in series C financing for its security software that protects wireless handheld devices, data and networks. The company's flagship product, Bluefire Mobile Firewall Plus, is a security solution for handheld devices, providing firewall, intrusion prevention, integrity management, encryption, authentication and policy-based enterprise security management features that enable the safe use of mobile and wireless applications. The new funding came from Grotech Capital Group, JK&B Capital, Walker Ventures, Maryland's Department of Business and Economic Development, and the Maryland Angels Council. http://www.bluefiresecurity.com/