Participants in the round included Prism Venture Partners, Globespan Capital Partners, HighBAR Ventures and Partech International. The announcement comes a month after Ingrian recruited new CEO Robert Steinkrauss.

Ingrian makes devices that perform data security functions in the network, securing data at rest and in transit. Using ASICs, the systems are able to increase the performance of cryptographic processes such as key exchange and encryption.

This article is based on material originally produced by ComputerWire.