Back to Blog September 24, 2013 in

EDF Ventures Announces Portfolio Exit

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Arxan Technologies, Inc., an EDF Ventures portfolio company in the software security sector was sold to TA Associates, a leading global growth private equity firm.  Terms of the transaction were not disclosed.

 

Arxan is another example of EDF’s strategy of investing in early-stage companies formed around technology developed  at universities.  Arxan’s  technology was  spun out of Purdue University’s world renowned CERIAS Institute:  Center for Education and Research in Information Assurance and Security.