Cryptek closes $10M round

Cryptek Inc. of Sterling, Va., a maker of network security products, has secured a $10 million Series B funding round, led by new investors Westbury Partners of Westbury, N.Y., and Walden Capital Partners LP of New York.

The new financing will provide working capital for Cryptek's two business lines. Cryptek designs and manufactures the DiamondTEK line of "hardened" information assurance systems used by the Defense Department and the TS-21 BLACKJACK rugged, high-resolution facsimile machines deployed by military forces around the world.

Common Criteria certification allows the technology to be used at the highest levels of government, including intelligence agencies.

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