NorseCorp™ Announces Completion of $3.5 Million Financing Round

 

ST. LOUIS, Sept. 4, 2012 /PRNewswire/ -- NorseCorp (www.norse-corp.com), a provider of Internet security intelligence and payments solutions for all industries, announced today the completion of a $3.5 million round of financing.

The new funding round brings the company's total amount raised to date to $5.1 million. It will allow NorseCorp to add key talent, support the upcoming launch of multiple security and payments product launches, and expand on research and development activities.

NorseCorp's IPViking™ technology conducts real-time reconnaissance of high-risk IP addresses and delivers actionable intelligence on-demand for clients. The technology serves as the first line of defense and first alert of high-risk IP addresses posing significant risks for an organization, in real-time. IPViking is included in NorseCorp's nGate™ product, a payment gateway that combines proven payment technology architecture, innovative features, broad transaction type support, and fraud elimination.

"NorseCorp's IPViking technology proactively shines a light into the dark places of the Internet where cybercrime flourishes," said Sam Glines , CEO of NorseCorp. "Our mission is simple: provide innovative security and payment solutions for eBusiness companies of every size, and mitigate risk in real-time while delivering a significant ROI."

Added Glines, "This funding will help us meet our growth plans at a critical time in Norse's expansion. We look forward to seeing our clients realize exceptional outcomes as a result of implementing our game-changing products and services."

More information about NorseCorp's current offerings, IPViking and nGate, can be found at www.norse-corp.com.

About NorseCorp
NorseCorp, headquartered in St. Louis, Missouri, is a provider of Internet security intelligence solutions aimed at making the Internet safe for business. NorseCorp's patent-pending IPViking technology provides real-time intelligence about the risk level of IP addresses attempting to engage in eCommerce, new account opening, or interactions with a website or Web application. The IPViking API runs over a cloud-based network, communicates with any programming language or platform, and easily integrates into existing IT environments. For more information about NorseCorp and IPViking, please visit www.norse-corp.com.

For more information, contact:
Brian Posnanski for NorseCorp
314-925-8074
brian (at) traffic-prm.com

SOURCE NorseCorp

RELATED LINKS
http://www.norse-corp.com