Watchful Software announces Manish Thakur and Katherine Priestley to its Board after raising equity investment from Hudson Fairfax Group

– USA, NJ – Watchful Software, a leading provider of data-centric information security solutions, announced today that it has received an equity investment from Hudson Fairfax Group, LP, a strategic investment firm with offices in New York, Washington DC, and London specializing in business development, sales acceleration, and financial management of high growth companies in the cybersecurity sector. Hudson Fairfax joins existing investors Critical Ventures, SA and SGPS, SA in the cybersecurity software company.

Watchful Software delivers cutting-edge solutions in the realm of information protection, exemplified by its flagship product RightsWATCH, a layered information protection solution that keeps sensitive/confidential data safe and secure regardless of where it is, or who has access to it, even if it’s outside the secure network perimeter.

“Taking on Hudson Fairfax as our equity partner has far deeper implications than that of the normal VC operation providing capital to emerging technology companies. The HFG team and extended network have global reach and extensive experience in tackling security and technology issues in key sectors, and will immediately help to greatly accelerate our business plans worldwide, taking Watchful to the next level of success,” explains Watchful Software CEO, Charles Foley. “This market demand for RightsWATCH has exceeded all expectations, and this additional capital will allow us to expand our global reach into strategic markets, while helping organizations keep their confidential information safe and secure from leakage, breach, and misuse.”

In conjunction with the financing round, Manish Thakur and Katherine Priestley of Hudson Fairfax Group will join the Watchful Software, Inc. Board of Directors immediately.

“We’re excited about this investment, as Watchful addresses one of the most pressing information security issues facing businesses, both large and small, today” said Manish Thakur, Managing Partner of Hudson Fairfax Group.  “Watchful’s flagship offering, RightsWATCH, has received tremendous market accolades for its ability to identify, classify, mark/tag, and protect virtually any type confidential information without any human intervention, right at the moment of creation.  In today’s world of data leaks and breaches, this has the potential to be the holy grail of cybersecurity.”

The company’s key technologies include RightsWATCH, a data-centric information security solution, and TypeWATCH, an advanced persistent e-Biometric software solution. The flagship product is RightsWATCH, a state-of-the-art information security solution that ensures that sensitive information can only be used by those that have express authority to do so. Even if sensitive data is leaked, it is rendered useless to unauthorized parties that may acquire it through any means. RightsWATCH enforces an organization’s information security policy seamlessly and dynamically, allowing use of sensitive/confidential data only by those who possess the credentials on a “need to know” basis, thereby protecting data privacy, reducing liability, and ensuring regulatory compliance.

“We’re excited to have an equity partner with both the depth of operational experience and the breadth of the global network of contacts that Hudson Fairfax brings to the table.  It’s an unusual and powerful combination, bringing significant resource to an emerging category leader such as Watchful,” added Joao Carreira, Managing Partner of Critical Ventures, SA.

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