# Signacert

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

- Industry: IT Infrastructure
- Headquarters: Portland, US
- Website: www.signacert.com
- Total disclosed funding: $19M
- Latest round: Series B (Apr 14, 2009)
- Investors on record: 5

## About

SignaCert specializes in continuous verification of IT infrastructure, ensuring compliance with established standards and enhancing operational efficiency for organizations across various sectors.SignaCert, founded in 2004 in Portland, US, focuses on providing continuous verification services for IT infrastructure. The company was acquired by Harris Corporation in May 2010. It has undergone a strategic pivot towards enhancing its compliance and security solutions following its acquisition. The company has conducted a total of 3 deals, with the most recent deal occurring on May 17, 2010. It raised a total of USD 8.80 mn in its latest funding round, Series B, which was supported by investors including DCM, In-Q-Tel, Intel Capital, and SmartForest Ventures.SignaCert's primary offering is the SignaCert® Integrity™ platform, which focuses on continuous verification of IT infrastructure to ensure compliance with established standards and optimal performance. This product automates the identification of deviations from correct states, expediting problem resolution and enhancing operational efficiency. End use cases include maintaining compliance with regulations such as HIPAA and PCI DSS, providing security for managed service providers, financial institutions, and educational establishments. SignaCert's clients include Dell Security Services, the American Hospital Association, and Middlebury College, showcasing the solution's applicability across various sectors. The company markets its products in North America and Europe, addressing compliance and security challenges faced by organizations in these regions.SignaCert generates revenue primarily through subscription-based pricing models for its software solutions, notably the SignaCert® Integrity™ platform and the Global Trust Repository (GTR™). Clients engage with SignaCert for continuous monitoring and compliance services structured as annual contracts. These contracts provide organizations with actionable alerts and insights regarding their IT infrastructure integrity, facilitating improved security and operational efficiency. The company's revenue model emphasizes partnerships with managed security service providers and direct sales, ensuring a steady income stream from B2B transactions and direct-to-consumer engagements. Specific financial details regarding these contracts remain proprietary.In light of its recent acquisition, SignaCert is focusing on expanding its product offerings and enhancing its market reach. The company is developing new features for the SignaCert® Integrity™ platform, aiming for launch by mid-2011. It plans to expand its operations into emerging markets in Asia and South America by the end of 2011, leveraging the recent funding of USD 8.80 mn to support product development and market entry initiatives.

## Funding rounds

- Series B, Apr 14, 2009, $8.8M — DCM, Intel Capital, SmartForest Ventures, In-Q-Tel
- Series A, Dec 16, 2005, $10M — DCM, Intel Capital, Garage Technology Ventures, SmartForest Ventures

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Garage Technology Ventures (https://capitalatlas.ai/funds/garage-technology-ventures) — Series A
- SmartForest Ventures (https://capitalatlas.ai/funds/smartforest-ventures) — Series A, Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B
