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| | Finextra: Arcot Systems secures $11m funding |
 | | Arcot Systems, Inc. (Arcot) a leading provider of online authentication and identity management solutions, announced the closing of an $11.0 million Series A Prime round of funding, including new investment by Adobe Ventures and INVESCO Private Capital. |
 | | Arcot will use the funding to accelerate deployment of its identity management and authentication software solutions worldwide, focusing on financial services, pharmaceutical, and consumer portal requirements. |
 | | Arcot's solutions suite includes payment authentication, user authentication, and digital signature verification platforms used by over 15,000 credit/debit card issuers, merchants and enterprises in the U.S., Canada, the European Community, and throughout the Asia-Pacific region. |
| www.finextra.com /fullpr.asp?id=4311 (438 words) |
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