Swiss IT Security Firm WISeKey Raises $20 Million

Posted Apr 26, 2010

WISeKey is a security firm that has raised $20 million with a $200 million valuation from undisclosed investors. WISeKey is a Geneva, Switzerland based company and they plan to expand their information security services across Brazil, Russia, India, and China. The company plans to go public when the stock market is more stable. WISeKey started in 1999 and was founded by CEO Carlos Moreira. Carlos is a former U.N. security expert and he built the company to fight counterfeiting. [VentureBeat]