(beforeitsnews.com) Web of Trust (WOT) secures new investment to fund product development in order to keep pace with the company’s accelerating global growth.
Helsinki, Finland (PRWEB) November 26, 2012
The community-powered safe surfing tool Web of Trust (WOT) announced today that it has raised € 1MM investment lead by Inventure, a cross-border venture capital group based in Finland and China. Other participating investors include private investor Risto Siilasmaa and the Finnish Industry Investment, which has been a shareholder of WOT since 2007.
WOT will use the investment proceeds from this round for additional product development work in order to keep pace with the company’s accelerating global growth. During 2012, downloads of WOT’s browser add-on doubled to 50 million
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