[November 08, 2011] KoolSpan raises $5 million in funding Tweet Nov 08, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- KoolSpan, Inc., a US-based provider of security solutions that bridge networks, users, and devices for encrypted network layer access to any business application, has secured $5 million in funding round led by TWJ Capital and Security Growth Partners. Deal Value (US$ Million) 5 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2011-11-07 Deal Participants Target (Company) KoolSpan, Inc. Deal Rationale KoolSpan intends to use the funding to expand its product offerings while investing in global sales, marketing, and operations. [ Back To TMCnet.com's Homepage ]