# VoIPshield Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/voipshield-systems

- Industry: IT Security/Cybersecurity
- Headquarters: Ottawa, Canada
- Website: www.voipshield.com
- Total disclosed funding: $8M
- Latest round: Series B (Feb 5, 2008)
- Investors on record: 2

## About

VoIPshield Systems specializes in providing advanced VoIP security solutions, focusing on safeguarding voice communications against various threats and ensuring reliable service delivery.Founded in 2004, VoIPshield Systems is based in Ottawa, Canada. The company develops solutions aimed at protecting voice over IP networks. In May 2008, VoIPshield Systems raised USD 3.6 mn in Series B financing, marking a pivotal moment in its funding history.VoIPshield Systems offers specialized security solutions designed to protect VoIP networks from potential threats. Their products include a range of software solutions that monitor and secure voice communications, ensuring enhanced reliability and protection against cyber attacks.The revenue model of VoIPshield Systems derives from the sales of its VoIP security solutions to various clients, including telecommunications providers and enterprises seeking to secure their voice communications. The financial specifics regarding the total revenue are not disclosed.Looking ahead, VoIPshield Systems plans to expand its product offerings by launching enhanced security features and solutions tailored to emerging VoIP threats. The company aims to enter new markets in North America and Europe by 2025. The recent funding of USD 3.6 mn from the Series B round will be utilized to accelerate product development and support the expansion into these targeted markets.

## Funding rounds

- Series B, Feb 5, 2008, $6M — Brightspark Ventures, NAOR Group
- Seed, Apr 19, 2005, $2M — Brightspark Ventures

## Investors

- Brightspark Ventures (https://capitalatlas.ai/funds/brightspark-ventures) — Seed, Series B
- NAOR Group (https://capitalatlas.ai/funds/naor-group) — Series B