Phosphorus Cybersecurity Inc

Phosphorus Cybersecurity's cyber tech poised to be revenue-ready this year

Phosphorus Cybersecurity Inc CEO Chris Rouland tells Proactive Investors the provider of secure software for IoT devices is closing out a $2.75 million Seed Round financing to fund the company throughout the rest of the year.

Rouland says the privately held company has conducted several enterprise pilots with its technology and will be revenue-ready this year. Phosphorus is Rouland's third startup; the last startup he helped run, Internet Security Systems, was sold to IBM (NYSE:IBM) for $1.6 billion.

Quick facts: Phosphorus Cybersecurity Inc

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