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Quarri Technologies Grabs $1.288M

2012-10-17
AUSTIN, TX, Security software company that empowers organizations to keep their most sensitive data secure, today announced a $1.288 million round of financing led by Houston Angel Network (HAN) and Daylight Partners.
Quarri Technologies, a security software company that empowers organizations to keep their most sensitive data secure, today announced a $1.288 million round of financing led by Houston Angel Network (HAN) and Daylight Partners, accompanied by Texas Halo Fund. The company will use the funding from the oversubscribed round to accelerate growth across the US and key international markets with its security products, Protect On Q (POQ) and Protect On Q Mobile.

To date, Quarri has experienced significant growth based on demand for its technology across a variety of industries, particularly within the financial services, pharmaceutical and manufacturing markets. The company's products enable organizations to secure and control their most valuable data by delivering and enforcing secure web sessions on endpoint devices at any time, wherever they are. Using Quarri's patented technology, the POQ hardened browser provides zero-hour malware protection against keylogging, frame grabbing, cache mining and inbound attacks. POQ also enables organizations to enforce security policies that prevent end users from copying, saving, printing or screen-capturing browser-delivered data, preventing costly data breaches.

"The interest we received from our current investors has helped us to exceed our initial goal for this funding round and it speaks to how strongly they believe in Quarri's products, our management team and the demand for our products both in the U.S. and internationally," said Bill Morrow, executive chairman and CEO of Quarri. "Organizations across industries and around the world have come to rely on our award-winning Protect On Q and Protect On Q Mobile products to secure their data in a flexible and seamless manner. Our technology uniquely protects sensitive data delivered via web browsers on Windows, Android and iOS platforms."

About Quarri Technologies

Quarri Technologies, Inc. is a security software company that empowers organizations to keep their sensitive data secure. The company's products defend against both external and internal attacks and prevent unauthorized use and replication of confidential data by controlling both malicious and careless end user behavior. Quarri's products allow users to remain productive and have a seamless online experience, while also enabling organizational compliance with industry standards and government mandates. Quarri is a privately held, investor-backed corporation based in Austin, Texas, with clients throughout North America and Europe. For further information, visit www.quarri.com .
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