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Short Take: Entegrity gets $29 million

Entegrity Solutions today received $29 million in an investment led by Questmark Partners that included Draper Fisher Jurvetson and Reuters Holdings, among others. Merrill Lynch managed the investment. The company, which develops security software for business-to-business transactions, plans to use the funding to expand sales and beef up its marketing, as well as continue to develop applications.

Entegrity Solutions today received $29 million in an investment led by Questmark Partners that included Draper Fisher Jurvetson and Reuters Holdings, among others. Merrill Lynch managed the investment. The company, which develops security software for business-to-business transactions, plans to use the funding to expand sales and beef up its marketing, as well as continue to develop applications.