, whose technology "limits the lifetime" of e-mail for the benefit of corporate confidentiality, says it has closed a third round of funding from investors that included Kleiner Perkins Caufield & Byers, J.P. Morgan Partners, Mitsui and Red Rock Ventures. The amount of the financing was not disclosed. The company had previously raised about $10 million from investors, and it now has about $20 million in the bank, according to a company representative.
The San Francisco-based company, a provider of corporate policy management software and services, plans to use the funding to expand its sales and marketing efforts, as well as develop new products. The company's flagship product is dubbed "Disappearing Email."