Content Raven, a Marlborough, Massachusetts-based company that helps customers control and secure content and intellectual property distributed externally, today announced that it secured $2 million in a Series A round, led by Mass Ventures.
According to the company, the funding will be used to support product development and accelerate its marketing efforts to drive even greater user adoption across both consumer and B2B markets.
Content Raven helps secure distribution of content by protecting the actual files and giving senders complete control over how and where those files are accessed by the recipient.
“There is clearly a need for the solutions that we provide, as every day brings news of another case of data leakage that could have been prevented with Content Raven,” said Ron Matros, CEO of Content Raven. “By providing organizations with the tools they need to easily and confidently secure the information they share, we’re helping them reduce risk and maximize revenues.”
Content Raven says its solution has been deployed by organizations across a wide range of industries, including investment firms, municipalities, athletic teams, and healthcare companies, as well as by major enterprises.
Other investors in the round include AIF, Beta Fund, eCoast Angels, Hub Angels, LaunchPad, Sidecar Angels and individual investors.