# PerspecSys

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perspecsys

- Industry: Software
- Headquarters: Bolton, Canada
- Website: www.perspecsys.com
- Total disclosed funding: $20M
- Latest round: Series B (May 9, 2013)
- Investors on record: 5

## About

PerspecSys Inc. specializes in providing digital solutions for secure data management and cloud integration, offering businesses a pathway to enhance data security and compliance in a cloud environment.Founded in 2006 and headquartered in Bolton, Canada, PerspecSys Inc. develops solutions that ensure secure management of sensitive data in the cloud. The company was acquired by Blue Coat Systems, Inc., a portfolio company of Bain Capital, in July 2015. The details of the financials for this acquisition were not disclosed.PerspecSys Inc. offers a suite of digital solutions primarily focused on secure data management and cloud integration. Its core platform facilitates the secure handling of sensitive information, catering to clients across various sectors, including finance and healthcare, which require strict compliance with data privacy standards. The platform is built to enhance user experience through optimized security measures, fast processing times, and seamless compatibility with third-party services across markets such as North America, Europe, and Asia-Pacific.The company generates revenue through a subscription-based model, allowing clients to select from various pricing tiers that align with their specific requirements. This structure offers features such as increased data storage and enhanced security options, tailored for small to large enterprises. Partnerships with digital firms and resellers further contribute to revenue, facilitating a wider distribution of their services.Up until now, PerspecSys Inc. has focused on enhancing its existing products and expanding its market reach. The company aims to introduce new features and services in the upcoming year to further strengthen its position in the secure data management sector. The latest funding round of USD 12.00 mn, raised in July 2015, is expected to be utilized to support these new product developments and enhance their service offerings to better serve emerging market demands.

## Funding rounds

- Series B, May 9, 2013, $12M — Paladin Capital Group, Ascent Venture Partners, Intel Capital
- Series A, May 23, 2011, $8M — Intel Capital, GrowthWorks Capital, MARS Capital Group

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- GrowthWorks Capital (https://capitalatlas.ai/funds/growthworks-capital) — Series A
- MARS Capital Group — Series A
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series B
- Ascent Venture Partners (https://capitalatlas.ai/funds/ascent-venture-partners) — Series B