Tech Industry

Vordel snags $10 million

Vordel said Tuesday that it raised a $10 million second round of funding, led by Elderstreet. Other investors included DrKW, ICC Venture Capital, Intel 64 Fund and previous investor Powerscourt Nominees. Dublin, Ireland-based Vordel added representatives from Elderstreet and ICC to its board. Vordel has raised a total of $11.5 million. The software company provides secure transmission of company data. The software is designed to verify the information via digital signature, confirm that the individual had the authority to make the purchase or send the data, and ensure the information transmitted had not been changed.

Vordel said Tuesday that it raised a $10 million second round of funding, led by Elderstreet. Other investors included DrKW, ICC Venture Capital, Intel 64 Fund and previous investor Powerscourt Nominees. Dublin, Ireland-based Vordel added representatives from Elderstreet and ICC to its board.

Vordel has raised a total of $11.5 million. The software company provides secure transmission of company data. The software is designed to verify the information via digital signature, confirm that the individual had the authority to make the purchase or send the data, and ensure the information transmitted had not been changed.