The funds will be used by Recourse to expand its product development, sales, and marketing initiatives for its full line of covert security infrastructure products. We are very pleased with the continued funding from our initial investors and newest investors. Deepak Kamra, general partner at Canaan Partners, is joining the company's board of directors. The cost of being hacked is too large for businesses around the world.
Businesses realize that e-commerce is mission critical.
Recourse Technologies' ManTrap and ManHunt go beyond traditional security methods in helping organizations' networks operate without incident. Recourse's growing customer base includes ISPs, financial services, high profile Internet companies, and government entities. About Recourse Recourse Technologies builds products to trap and track hackers. The company provides covert security software that enables businesses on the Internet to contain, control, and respond to malicious computer attacks. Covert security identifies, observes and responds to attacks, taking away the attacker's advantage and providing organizations with time and information so they remain in control.