May 25, 2006 - Trust Digital, a leading provider of enterprise software solutions targeted at securing smartphones and PDAs, today announced that Mark Hatfield joined its Board of Directors. TD Capital Ventures invested in Trust Digital, closing out its Series B round.
Mark Hatfield brings significant wireless and security expertise to Trust Digital. Prior to joining TD Capital, Mark served as the Managing Director for Motorola Ventures, West Coast Operations. He was an investor and served as a board representative of Amberpoint, A4 Vision, BDNA, Danger Inc., Foundstone (acquired by McAfee), Lumidigm, and Mesh Networks (acquired by Motorola). Prior to joining Motorola Ventures, he headed up Strategy and Business Development for Motorola's CIO and IT organization.
"TD Capital Ventures looked closely at many opportunities in the enterprise mobile security space prior to investing in Trust Digital," said Mark Hatfield, TD Capital. "We believe that Trust Digital has the best management team supporting the most complete mobile security product on the market today. Their early successes with enterprise customers and substantial partners are impressive. I look forward to working with Trust Digital to fuel their ongoing success."
"Mark Hatfield brings a unique background that includes both wireless and enterprise security expertise to Trust Digital. I am thrilled to have TD Capital Ventures as an investor and Mark as our newest board member," said Nick Magliato, CEO, Trust Digital.
About Trust Digital
Trust Digital is the leading provider of mobile security software, securing enterprise data that resides at the edge of the network where smartphones, handhelds, and PDAs have access to corporate information. By implementing Trust Digital's policy-based software solution, corporations eliminate the regulatory and financial risks associated with the accidental or malicious disclosure of data through unsecured PDAs and handhelds. Trust Digital's customer base includes Government organizations, as well as leading Financial Services and Healthcare companies. For more information, please visit our website, www.trustdigital.com.
TD Capital Ventures
TD Capital Ventures invests in early and growth stage companies with significant technology assets and market opportunities that span multiple industry sectors. Specifically, TD Capital Ventures focuses on investments in enterprise software, IT infrastructure, semiconductors, and wireless and emerging technologies. TD Capital Ventures has 6 investment professionals with strong investment, technology and operating experience located in its Boston office. TD Capital Ventures is an investment group of TD Capital. Established more than 30 years ago, TD Capital is the independent private equity arm of TD Bank Financial Group. TD Capital has approximately US$1.9 billion of capital under management through its offices located in Canada and the United States. For more information, visit www.tdcapital.com.