The following article appeared in the April 10, 2007 edition of the Telegraph-Journal. It is reproduced here, unedited except for some web site addresses, with the permission of the Telegraph-Journal.
Finance Investment will help Moncton firm market its secure e-mail software
NATHAN WHITE
TELEGRAPH-JOURNAL
A Moncton-based Internet security company says it has raised funding from a record number of angel investors.
According to Elisabeth Rybak, president of VE Networks, Inc., nearly 250 angels are on board as the company is actively commercializing its TrustMe software.
TrustMe is an e-mail security program that works with existing e-mail accounts. It allows users to send encrypted messages and view such messages from selected people.
“What a lot of people don’t understand is that sending regular e-mail is like sending a postcard through the mail,” explained Rybak. “We put that postcard in an envelope and only let the person you’ve designated as recipient look at it.” Average consumers can download TrustMe for free from the company’s website, [www.trustmesecurity.com]. The company makes its money selling enterprise license fees, which allow companies to set up multiple users and manage settings within their network.