Cranite Systems Names John Vigouroux CEO, Secures $10 Million

Cranite Systems, a supplier of security solutions for wireless local area networks (LANs), named John Vigouroux as its chairman and CEO. Vigouroux most recently served as president and COO of Tumbleweed Communications, a secure Internet messaging leader. Vigouroux joined Tumbleweed from Valicert, where he engineered the merger of the two companies as Valicert's president and CEO.



Separately, Cranite announced that it has raised $10 million in a private financing from existing investors. The funding round was led by Diamondhead Ventures and includes JK&B Capital, BV Capital, Industry Ventures, Pacifica Fund and Selby Ventures. The company expects to use the $10 million to fund new products and expanding market initiatives.



Cranite's WirelessWall software allows organizations to secure their wireless networks while meeting the U.S. Government's FIPS 140-2 security certification standards. Unlike virtual private network (VPN)-based systems, WirelessWall encrypts all transmitted information-network addresses, applications and ports-as well as the data itself. http://www.cranite.com/