Virginia-based OGSystems had plenty of suitors looking to provide its first round of outside capital, said co-founder and president Garrett Pagon. General Catalyst Partners of Cambridge ended up winning out.
How is this for a fantasy come true: never having to remember — or reset — another password?
A stealthy startup with employees in Boston and San Francisco is developing a technology that would use an app on your smartphone to make the act of logging into a website not only less frustrating, but more secure. Certus Technology Systems has already raised about $375,000 in seed funding from individual investors, and is conducting its first pilot test with a financial services customer now.
A security executive who sold his last startup to McAfee is taking over at Verdasys, a Waltham company founded way back in 2002. Verdasys sells software intended to safeguard sensitive data from malicious outsiders — and employees.
Ken Levine sold his last company, NitroSecurity, in 2011. He stuck around at McAfee until late last year. Then, one of Verdasys' investors told him the company was hunting for a new CEO to replace Jim Ricotta, who had been running Verdasys for a little more than three years. Levine's first day on the job was last Friday.
Read MoreWet WorksLockheed Martin grabs Foxboro security software firm Industrial Defender
The New England Patriots aren't the only ones making deals in Foxboro these days. Giant defense contractor Lockheed Martin Corp. has just agreed to buy Industrial Defender, a privately-held Foxboro firm that makes security software for oil, gas, utility, and chemical companies. Read More
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