Feb, 2002 : GeoTrust Closes $10 Million Investment Round
📅 - GeoTrust, Inc. (geotrust.com), a provider of cost-effective identity verification and transaction security solutions for e-business, today announced a new investment deal, lead by Prism Venture Partners, for $10 million, supporting sales, marketing and acquisition initiatives.
"We are delivering solutions that are gaining significant market share as we continue to provide leadership and innovation in our industry," said Neal Creighton, chief financial officer of GeoTrust SecuritySpace.com (securityspace.com), predicts the security market will grow to $9.5 billion by 2005. Acquiring 7.86% market share in the digital certificate market in January 2002, GeoTrust grabbed shares from existing industry leaders. "We are pleased to lead this round of funding, as GeoTrust is well positioned to take advantage of sizeable opportunities in the security market, " said Jack Sweeney, General Partner, Prism Venture Partners (prismventure.com).
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📅 - Secure128 Offers SSL Discounts - SSL certificate provider and GeoTrust (geotrust.com) partner Secure128 (secure128.com) announced on Wednesday it has launched a new partner portal that enables Web hosting companies, Web site developers, ISPs and any organization that purchases multiple SSL's to buy GeoTrust SSL certificates at 60 percent below the GeoTrust list price. "We designed the partner portal to meet the specific needs of volume resellers," says Anthony Ricci, CEO of Secure128. "Resellers can log on to their portal and view order profiles, payment information, and order history for all of their SSL certificates in one convenient location."By joining Secure128's partner program, members wil
📅 - SSL4Less Offers Discount SSL Certificates - Intelli-Host (intelli-host.com), a California-based provider of web hosting, dedicated hosting and server co-location, announced today the formation of a new venture, SSL4Less.com. SSL4Less, which emerged as the result of negotiations with business authentication leader GeoTrust, Inc. (geotrust.com), offers SSL certificates at reduced costs. "Our goal is to provide affordable, high-quality genuine Equifax 128 bit SSL certificates to end users and web hosting companies for less than anyone else," said SSL4Less VP and co-founder Nick Leavens. "And at $79 per year, we believe we are set to revolutionize an industry that for years has been hard for the end consum
📅 - WebiT USA Offers GeoTrust?s Online Security Solutions - WebiT USA, a web hosting, design, and custom e-commerce applications company, announced today an alliance with GeoTrust (geotrust.com), a leader in identity and security solutions for e-business. Under the terms of the deal, WebiT USA (webhoststreet.com) will offer GeoTrust's turnkey solutions for online security. WebiT USA will also offer GeoTrust's True BusinessID TM SSL certificates as well as their True Site and Quick SSL certificates. True BusinessID TM, the most common server certificates on the market, now comes bundled with GeoTrust's True SiteTM identity service. True BusinessID certificates provide browser and server recognition, and communication secur
📅 - GeoTrust Unveils Franchise Distribution Program for SSL Certificates - Digital certificate firm GeoTrust, Inc. (Geotrust.com), today announced the GeoTrust Franchise Program for distributing QuickSSL, its near-instant delivery system of 128-bitSSL digital certificates. Under the new program, anyone can act as a GeoTrust marketing agent by promoting and selling QuickSSL on their own Web site. In return, customers receive a commission fee for each certificates sold. GeoTrust said more than 50 companies have joined the company's new franchise program in less than 3 weeks. "As the need increases for a faster, more efficient way to receive digital certificates and secure online transactions, we are exploring innovative ways to more broad