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Finjan Secures $10.2M Preferred Stock Financing

By TechTaffy Desk

Cybersecurity company Finjan has secured a $10.2 million Series A Preferred Stock financing in a private placement transaction led by Halcyon Long Duration Recoveries Investments I, an affiliate of both funds managed by Halcyon Long Duration Recoveries Management and its affiliates and Soryn IP Group. B. Riley & Company acted as placement agent for the transaction. Morgan, Lewis & Bockius acted as legal counsel to B. Riley.

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