DigiPortal Closes Round of Funding
DigiPortal, Developer of Leading Challenge-Response Anti-Spam Product ChoiceMail One, Closes Round of Funding
$270K Angel Investor Round To Be Used For Marketing, Product & Patent Development
Orlando, FLA – July 8, 2003 – DigiPortal Software, Inc., a leading developer of information management tools designed to provide users with powerful solutions to combat information overload and inappropriate Internet content, today announced that the Company closed a round of angel funding. DigiPortal secured over $270K from angel investors in a volatile market where fewer and fewer technology start-ups are receiving new investment.
The funding will be used to expand its web-based marketing and corporate communications efforts, secure patent and intellectual property protection, new business development, expanding partners for distribution and on product development, extending its current technology capabilities and markets. DigiPortal’s board includes executives who have held senior positions at IBM, Bear Stearns, First Manhattan Consulting Group, Siemens, Nortel and Paladyne.
"This capital investment will be used to expand our existing markets and product line, including marketing and development of new versions of our flagship product, ChoiceMail One, the leading permission based, challenge-response solution for putting an end to spam,” said Ron Weindruch, CEO of DigiPortal. “ChoiceMail One has been receiving critical acclaim from customers and press for its ability to eliminate the unwanted plethora of email spam. The user decides what is spam or not spam from his or her perspective. We are pleased to offer consumers a free trial of this cutting edge solution, which they can download from our website.”
In 2003, DigiPortal plans to release new Internet technology offerings as well as enterprise, multi-user and Mac versions of its powerful anti-spam solution, which is based on the ChoiceMail One software engine.
About DigiPortal Software, Inc.
ChoiceMail One joins DigiPortal’s arsenal of information management tools designed to provide today’s end users with powerful aids in fighting information overload and inappropriate Internet content. ChoiceMail One, America’s most effective tool for fighting spam, is currently available for $39.95. For more information on ChoiceMail One, to view animated tutorials and other screenshots, to download our free trial version and to purchase a copy, consumers can visit www.digiportal.com
Press & Analyst Contact:
Press at DigiPortal Software