Tech Industry

Short Take: Sun co-founders invest in encryption

Sun Microsystems co-founders Bill Joy and Andy Bechtolsheim have invested in Ingrian Systems, a company launched in January that speeds up the encryption of e-commerce Web site transactions. Roy Sardina, CEO of Redwood City, Calif.-based Ingrian, was also a co-founder of Tasmania Network Systems. Joy, Bechtolsheim and Martin Hellman, who is a Stanford University professor and cryptography luminary, are among those who invested $4 million in Ingrian.

Sun Microsystems co-founders Bill Joy and Andy Bechtolsheim have invested in Ingrian Systems, a company launched in January that speeds up the encryption of e-commerce Web site transactions. Roy Sardina, CEO of Redwood City, Calif.-based Ingrian, was also a co-founder of Tasmania Network Systems. Joy, Bechtolsheim and Martin Hellman, who is a Stanford University professor and cryptography luminary, are among those who invested $4 million in Ingrian.