- Plurilock Security (PLUR) has completed the first sale of its new cloud-based access control solution to a California-based provider of legal services
- This follows Plurilock’s acquisition of CloudCodes Software Private Limited
- This marks Plurilock’s first completed sale of its new cloud-based access control product
- Plurilock has closed a non-brokered private placement consisting of convertible debenture units, raising total gross proceeds of $285,000
- Plurilock offers world-class IT and cybersecurity solutions paired with proprietary, AI-driven and cloud-friendly security
- Plurilock Security Inc. (PLUR) opened trading at C$0.20
Plurilock Security (PLUR) has completed the first sale of its new cloud-based access control solution to a California-based provider of legal services.
This follows Plurilock’s recent acquisition of the cloud-based assets and business of CloudCodes Software Private Limited.
The customer selected Plurilock’s cloud-based solution for access control and brand management for its cloud applications, such as Google Workspace. This solution ensures that only authorized users can access relevant enterprise data in the cloud.
Prior to the acquisition, CloudCodes was known as a leading provider of unique cloud security SaaS enterprise solutions for protecting email and group collaboration platforms as well as other cybersecurity products, including single-sign-on, multi-factor authentication, and cloud data loss prevention solutions.
Ian L. Paterson, CEO of Plurilock, commented on the news.
“This sale represents Plurilock’s first completed sale of its new cloud-based access control product,” said “Cloud-based security solutions are integral to protecting enterprises worldwide that utilize comprehensive IT systems. Moving forward, we intend to continue expanding the delivery of this robust product.”
Plurilock has closed its previously announced non-brokered private placement consisting of convertible debenture units, raising total gross proceeds of $285,000.
Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.
Plurilock Security Inc. (PLUR) opened trading at C$0.20.
