Trusteer, a provider of Web security services, has raised $6 million in Series B venture capital funding, the company announced on Wednesday.
The round was led by U.S. Venture Partners. Steve Krausz, general partner for the VC firm, is joining Trusteer's board of directors.
The timing might seem odd for funding a company that serves the financial industry given the economic downturn propelled by the credit crisis. But Krausz said the market opportunity is significant for Trusteer's software, which protects online banking, brokerage, health care and retail applications from fraud, even when a user's computer is infected with malware.
How to save even more on Prime Day 2019: Think the deals are already good? Here's how to score additional savings.
Jony Ive leaving Apple signals the end of Steve Jobs era: From Apple TV Plus to its chief designer moving on, the iPhone maker is becoming a different company.
Discuss: Trusteer raises $6 million in VC funding
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.