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Sigaba  Acquired by Proofpoint (2008  amount undisclosed )

1875 S. Grant Avenue #500
San Mateo, CA 94402
Website Company Summary Management Team

Outside board: (May no longer be on the board) Charles Breed (Symantec Director of Business Development) Robert E Cook (Sigaba Executive Chairman) Tom Hewitt (Federal Sources Founder) G Michael Stakias (Liberty Partners) Lee M Gammill (New York Life Vice Chairman) Thomas G Greig (Liberty Venture Partners) Charles A Lynch (Market Value Partners) Robert Spane (Vanguard Air Chairman)
Advisory board: John Hagel (author) James L Liang (Morgan Stanley) Michael Matthews (AMDOCS CMO);  Gideon Gartner (Gartner Group and the Giga Information Group) James M Loy (The Cohen Group sr. counselor)
Former outside board: Terry Olkin (Open Horizon VP Engineering);  Rick Crandall (Arbor Venture Partners);  Gary Friedman (Itel Founder);  John Landry (IBM consultant) Pavan Nigam (Healtheon co-Founder)
Former advisory board: Roger Bamford (Oracle)

Business description: Secure Data in Motion Inc., dba Sigaba, is the leading provider of secure message management solutions, including email, instant messaging and document delivery, for the enterprise market. Headquartered in San Mateo, California, the company was recently named by SC Magazine and CIO Magazine as the Company to Watch. Sigaba Secure Email, Sigaba Secure Statements and Sigaba Secure Instant Messaging are the most flexible, easy-to-use solutions for securing all corporate, financial services, healthcare and government communications over the Internet and wireless networks. The company’s Liberty-enabled and SAML-compliant standards-based solutions support next generation messaging; secure messages can be sent to virtually anyone, anywhere, without requiring users to download special software. Sigaba (sï-gá-ba) takes its name from the SIGABA encryption machine, used by the U.S. during World War II. It was the only device of its kind that was never compromised by the enemy (ECM-2). Following in these footsteps, our mission is to be the world leader in secure messaging.
Customers include: Bank of America;  Benefit Services of America ;  Blue Cross and Blue Shield of Massachusetts;  Cascade Bank;  CGI Consulting Group;  Citywide Banks;  Cornerstone Benefits ;  Lancaster General Hospital;  PrimeCare;  Siemens Health Services;  The Children’s Institute;  The U. S. Department of Defense;  UST
Partners include: ClearswiftSiemensSun MicrosystemsVoyant ;  Document Dialog ;  Group 1 Software;  Liberty Alliance Project;  Lightsource Technologies;  Network Security Services ;  OASIS Group

Rounds: 4
Recent Fundings: Feb 2005   Nov 2004
Capital raised: 41.0M
Last Round: 6.0M
Ownership: Acquired by Proofpoint (2008  amount undisclosed )
VCs include: Thomas Weisel Venture PartnersLiberty Venture PartnersArbor Partners;  Royal Wulff Ventures
Corporate investors: Symantec

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Last Mentions

Record updated: Feb 2007
Sector: Communications
Year Founded: 2000
Headcount: 51-75 as of May 2005
Rounds: 4
Recent Fundings: Feb 2005   Nov 2004
Capital Raised: 41.0M
Last Round: 6.0M
Ownership: Acquired by Proofpoint (2008  amount undisclosed )