Encotone Ltd.

www.encotone.com

High-Tech Company

Ceased to Operate Q4/2005

Graduated from: VLVJ

TECH VERTICALS

Cyber Security, Security

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	1993
Number of Employees	5

DESCRIPTION

Encotone was a provider of advanced security solutions for corporate network access and PKI-based solutions for remote banking, remote commerce and digital signatures. The company engaged in hardware and software development and global marketing activities. Encotone owned a portfolio of twelve PCT patents and patent applications in the fields of data encryption and acoustic transmission over the phone.

	TARGET MARKETS
	Banks and Financial Institutions, Homeland Security.

	BUSINESS MODEL
	B2B

REMARKS

Date	Remark
01/12/2005	the company's IP was acquired by CIDWAY Holding SA.

CONTACT INFO

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Main Address: Jerusalem, Israel

Address	7 Hamarpe St., Bldg 5., Har Hotzvim Scientific Park
POB	45094
City	Jerusalem
Country	Israel
Zip	91450

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Dr. Isaac Labaton	Co-Founder	Cidway (CTO)
Mr. Tony Weisz	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Deputy to the General Manager, Inovia Telecom Ltd.

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Third Round

Jun. 01, 2003

abCDe

Bridge

Jun. 17, 2002

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe
abC Defghij	High-Tech Company	abCDe	Holds 21% of the company
abC Defghij	Other	abCDe	Holds 12% of the company

Second Round

Mar. 01, 2001

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe	Holds 5% of the company
abC Defghij	Investment Company	abCDe	Holds 10% of the company
abC Defghij	High-Tech Company	abCDe
abC Defghij	Other	abCDe	Holds 42% of the company
abC Defghij	Other	abCDe

First Round

Jun. 01, 1998

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	High-Tech Company	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe

Seed

Oct. 01, 1993

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Oct. 01, 1993

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe