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Info Rights Software firm Seclore raises $12-M Series B from India Alternatives, Sistema, existing investors
US- and India-based Enterprise Digital Rights Management (EDRM) software maker, Seclore Technology, has raised $12 million in Series B funding from new investor India Alternatives and Sistema Asia Fund with participation from existing investors Helion Ventures and VenturEast. Seclore's product enables organizations to protect files used in collaboration both within and outside of its boundaries. The company has reported an 83% year-over-year revenue growth in the year ending March 2016.
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