BitDefender receives funding to support global expansion and advance leadership position in antivirus software and data security

Dark Reading Staff, Dark Reading

December 6, 2007

1 Min Read

BUCHAREST, Romania -- BitDefender® announced today it has received $7 million (US dollars) in capital that will be used to support efforts to advance the company’s position as a worldwide leader in the antivirus and data security market.

A global provider of award-winning antivirus software and data security solutions, BitDefender will earmark the funds to support its continued expansion in regions worldwide.

The investment group is comprised of Romanian and American private investors with substantial investment experience in the region and in the IT sector. The group of senior investment professionals includes managers of two private equity funds (Romanian-American Enterprise Fund (RAEF) and the Balkan Accession Fund (BAF)), with more than €200 million under management for the region. The group has a proven track record of successful transactions as well as “buy-and-build” strategies in financial services, manufacturing, retail and others, including investments in Banca Romaneasca, Banca Agricola, Motoractive, DomeniaCredit, Estima Finance, Certinvest, JetFinance, Domo and others.

In addition to financial resources, the investors will work with BitDefender to attract additional capital, leading to a potential public offering in Romania or elsewhere in the EU and the US that would significantly contribute to the growth and success of the company on the global market.


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Dark Reading Staff

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