IronKey, the maker of portable USB flash drives, has raised $22 million in funding from Bridgescale Partners with existing investors Mohr Davidow Ventures and Crosslink Capital participating in the round. This brings IronKey’s total funding to over $30 million.
IronKey’s USB flash drive locks down your sensitive files and passwords and includes hardware encryption for safeguarding your data and advanced Internet protection software and services for securing your passwords and web browsing. The company’s new financing will be used to accelerate adoption of IronKey’s Trusted Access platform; a data protection system for enterprises and government agencies.
Because of IronKey’s enhanced data security measures, its products are popular among government agencies and the military. The company also recently rolled out a new version of its flash drive for secure online banking.