Easy Solutions Secures Investment Resources from Progresa Capital.
The investment will boost the development and promotion of the Total Fraud Protection Strategy.
Sunrise, FL May 2010 - Easy Solutions, the only security vendor focused on fraud protection, announces that it has received a first tranche of capitalization from Progresa Capital in the amount of USD $1.2 million, an investment that could extend to USD $3.2 million. The new resources will be used to expand the presence of Easy Solutions in Latin America and the United States, strengthen strategic research and development initiatives, and augment marketing and sales operations.
Easy Solutions provides technology security solutions, focusing on electronic fraud threats such as phishing, pharming and social engineering attacks. Its products and services target the financial, telecommunications, and e-commerce sectors, as well as government institutions where information security is especially critical.
Progresa Capital is a venture capital fund managed by Promotora de Proyectos and administered by Fiduciaria Bancolombia, which invests in companies with substantial innovation technologies and sectors with strong growth potential. The investment in Easy Solutions constitutes its third in technology firms.
The security industry continues to grow as more businesses seek protection from the dangers of electronic threats. The market for proactive solutions and fraud prevention in particular demonstrates increasing demand. This market dynamic, combined with the innovative services of Easy Solutions and its experienced team of security specialists, signals a promising outlook for the company’s development.
"Our Total Fraud Protection Strategy has been very well received by organizations that require comprehensive security, not only protecting all of their electronic transactional channels, but also their users and employees”, explains Ricardo Villadiego, Regional Director for the Americas. "The investment from Progresa Capital, the validation of industry analysts such as Frost & Sullivan, along with the interest we’ve seen for our solutions place us in an advantageous position for rapid growth."
For additional information about the products and services of Easy Solutions’ Total Fraud Protection Strategy please visit: http://www.easysol.net/
ABOUT EASY SOLUTIONS
Established in 2002, with headquarters in Sunrise, Florida, Easy Solutions is the only security vendor focused on fraud prevention, providing anti-phishing and research services, multifactor authentication, and transaction anomaly detection.
Easy Solutions delivers an integrated and comprehensive approach to multichannel fraud prevention and works in alliance with industry leaders in other security disciplines supporting a wide range of heterogeneous platforms.
ABOUT PROGRESA CAPITAL
Progresa Capital is a venture capital fund managed by Promotora de Proyectos and administered by Fiduciaria Bancolombia. The Fund is aimed at investing in companies with substantial innovation components and in industries with strong growth potential, primarily in the areas of health sciences, biotechnology, information and communication technologies, and applied engineering services. | |
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