In a move to improve protect data for firms, business transaction company CapLinked has today announced that it will offer military-strength protection to its clients data-in-transit.
Manage & Close Complex Business Transactions
CapLinked?s online platform helps companies manage and close complex business transactions such as asset sales, financings, and mergers & acquisitions. It helps it cients close deals faster, exchange files securely, and manage more deals at any given time making it? ?the go-to place for setting up and closing deals? according to The Wall Street Journal? and? making it among the ?5 Back-Office Tech Innovations? as listed by Inc. Magazine.
CapLinked?s partnership with software security firm Quipa,a software firm founded in 2008 and dealing in new and revolutionary approach to secure network connectivity, will create a stronger network and be the solution for securely managing deals in the cloud. The?partnership will deliver high class military-grade security options for firms dealing in sensitive business and financial transactions in the cloud.
CapLinked?s enterprise customers will also have the option to leverage Quipa?s innovative data-in-transit security technology for transferring files in and out of the cloud.
Cutting Edge Technologies
According to?Eric M. Jackson, CapLinked?s CEO, the firm is continually seeking cutting edge technologies that offer improved alternatives for security without impacting our product?s ease-of-use.
He said, ?QuipaLoop offers a defense-grade alternative to securing data-in-transit across public networks that does not involve a third party and is not dependent on the browser type. This allowsCapLinked to offer its customers a security option that?s both state-of-the-art and unobtrusive.?
Two Way Relationship
The partnership doesn?t just benefit CapLinked alone.
According to Shannon Roy, VP Enterprise Services of Quipa US, it will allow them to offer a new security solution to organizations that need agility when working collaboratively with outside parties on business transactions.
Roy said,?CapLinked?s intuitive software makes it easy to control access when you?re collaborating on a sensitive business transaction. When you couple that with Quipa?s robust data-in-transit protection, you have the world?s best end-to-end solution for securely managing deals.?
In addition to offering CapLinked?s enterprise customers a new security option for their data-in-transit, Quipa will offer its existing QuipaLoop customers the opportunity to leverage CapLinked to manage their business transactions.
More Agile & Secure Than Trad VPN technologies
According to Quipa, using a patented approach that?s more agile and secure than traditional VPN technologies, its QuipaLoop software segments a network into ?loops? of trusted devices.
Unlike a physical network, the loop is a non-addressable virtual overlay that is secured by self-authenticating, trusted devices. The QuipaLoop can operate across one or many physical networks and is easily deployed on mobile devices as well as traditional laptop or desktop computers. QuipaLoop eliminates the security weaknesses that result from spoof-able certificate authorities common to SSL VPN, and it avoids reliance on third parties for trust assurance.
Founded in 2010 by Eric M. Jackson, PayPal?s first head of US marketing and Christopher Grey, former private equity and investment banking executive,? CapLinked makes it faster, safer, and easier to manage business transactions with cloud tools for transactions like? mergers & acquisitions, capital raises, asset sales, investor & board reporting, business development negotiations among others.
Series A Round
The Los Angeles based firm in November secured Series A financing from FF Angel, Siemer Ventures, 500 Startups, and Peter?Thiel? among others.
Its investors include Peter Thiel (co-founder of PayPal), FF Angel, Siemer Ventures, 500 Startups, Hercules Technology Growth Capital, Joe Lonsdale (founder of Palantir Technologies), David Sacks (CEO of Yammer), 7th Rig, and Wasabi Ventures.
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