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DRM Provider Metaforic Secures Additional $8 Million In VC

DRM Provider Metaforic Secures Additional $8 Million In VC

April 18, 2011 | By Frank Cifaldi




Anti-piracy DRM provider Metaforic has secured an additional $8 million in venture capital funding, according to the company.

The latest funding round -- which was led by Scottish Equity Partners, and also involved existing investors that include Pentech Ventures -- will be used to "expand [Metaforic's] international sales and marketing activity," according to a statement released Monday.

Founded in 2006, Metaforic provides anti-tamper software that is embedded in its clients' software. Its MetaFortress software in particular is embedded in a number of Nintendo DS games to prevent code from running on so-called "flash carts."

According to CEO Dan Stickel, its technology is used by "some of the biggest names in the industry," though these names "tend to be somewhat shy about the security technologies they use."


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