SafeCentral Inc.
Headquartered in Palm Beach Gardens, FL, SafeCentral is web session security, in one click. SafeCentral is the secure companion to everyday Web browsing, providing end-to-end security against unauthorized network access and data or identity theft by locking out desktop malware and establishing trusted Web connections. It features patent-pending TSX technology to block key loggers, screen scrapers, and other malware agents, even on an already infected PC; SecureDNS to ensure a connection to the actual site, eliminating man-in-the-middle attacks; automated "launch anywhere" protection for seamless integration into your existing browsing habits; and peace of mind when transferring sensitive information or transacting online. www.safecentral.com
Formerly known as Authentium, Inc., the Company was acquired by Commtouch® (Nasdaq: CTCH) in 2010 and changed its name to SafeCentral, Inc.
Why SafeCentral? — Consumers and businesses will seek next-generation software to protect against growing threats of online identity theft and data piracy. SafeCentral is developing various channels to distribute its software to end customers.
Market Opportunity — Rapid proliferation of viruses and malware has spawned an enormous security software market, and is expected to exceed $16B in 2010, according to research by Gartner, Inc. Identity theft is increasingly common; more than 500M records containing personal identifying information of U.S. residents have been either lost or stolen in the past five years, according to the 2009 Security Breach database maintained by www.identitytheft.info.
Awards — Positive product reviews from PC Magazine (2008, 2009) and Online Banking Report (2008); “Best of Web” recommendation for “the program’s ability to simultaneously protect the user and create a brandable security upgrade” by Secure
Online Finance (2009).
Safeguard Board Member — Kevin L. Kemmerer
Financial Summary — Safeguard has deployed $9.3M in SafeCentral and has a 20% primary ownership position. Co-investor includes Westbury Equity Partners.
Initial Capital Deployment — April 2006
Sector — Technology, Financial Services IT
