DRM Security Startup: $13M

Arxan on Monday announced it has attracted $13 million from investors interested in its potential to protect digital media from piracy.

The funding includes new investors Legend Ventures and TDF, as well as existing investors EDF Ventures, Paladin Homeland Security Fund, Solstice Capital, and Trident Capital.

Bethesda, Maryland-based Arxan refers to its protection technology as “little modules of code” that can get inserted into a program. The company said its code works better than existing protections because it functions on a binary, or ones and zeros, level of programming.


Read more on redherring.com