DS3 Raises Series A From JAFCO Asia And IIPL
April 16, 2010 by SGE
Data Security Systems Solutions Pte Ltd (“DS3”) just raised Series A funds from JAFCO Asia and co-investor Infocomm Investments Pte Ltd (“Infocomm Investments”). Primary use of the funds will be to help DS3 expand its business from Asia Pacific to the global market in order to capture the fast growing IT security solution market.
DS3′s leading solution is the DSSS Authentication Server, an advanced Network Appliance that provides strong two factor authentication (2FA) to enterprises.
This technology is currently used by many leading banks and financial institutions in over 8 countries to secure their Internet B2B and B2C portals as well as Intranet Remote Access. Some of these include: ABN AMRO Bank, BPI Philippines, DBS Bank, Credit Suisse, Kasikorn Bank, Monetary Authority of Singapore, NETS, OCBC Bank, Siam City Bank, Standard Chartered Bank.
DS3 is headquartered in Singapore with operational sales and technical subsidiaries in Bangkok, Tokyo and New York. Its vision is to become a worldwide leader name in Authentication and On-Line Digital Signature Technologies.
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