For Release: February 16, 2007
Contact: Karen Goldner, adVenture Fund, (260) 469-4451
David Corcoran, Identity Alliance, (260) 399-1648
Cutting Edge Information Security Company Receives Funding
Fort Wayne, IN - Imagineer Fund, LLC, a Northeast Indiana equity fund that invests in technology development, announced today that it was placing an investment in Identity Alliance, LLC to develop and market TrustBearer™, a software security product.
TrustBearer™ provides a simple interface for Internet users to protect their personal information such as credit card numbers and passwords. Using TrustBearer™, consumers and businesses can conveniently and cost-effectively protect their information with “multi-factor authentication” which is the new standard in information security. Applications range from homeland security to on-line retail.
“We believe that TrustBearer™ has great potential,” said Donald R. Willis of the Imagineer Fund. “Identity Alliance brings some very talented people to a growing industry.”
“We are excited to work with the Imagineer Fund and its members” said David Corcoran. “It is partnerships like these that will restore Fort Wayne as a technology leader. We have and will continue to hire some of the best talent from across the nation and provide our software and services to some of the most reputable companies in the world. It can be done - and it can be done here.”
Imagineer Fund, LLC, was formed in 2004 with the goal of supporting entrepreneurs in Northeast Indiana who are developing new technology. The fund is comprised of 28 private investors. It is managed by adVenture Management, LLC, a subsidiary of FourthWave, LLC.
For more information concerning the adVenture Fund or the competition contact Karen Goldner at (260) 469-4411. The company's website provides information at www.adventurefund.net .