Mach 1 Development builds identity-management and secure-document-tracking solutions including DocuTRACER®, a policy-driven platform that tags, tracks and traces creation, movement, genealogy and chain-of-custody of digital documents. The company also developed inmateID™, an RFID-based system for real-time monitoring of inmate movement, gang interactions and the spread of communicable diseases in corrections facilities. Led by CEO Paul Greene, Mach 1 offers services and design expertise across smartcard design, e-ID implementation, encrypted communications and logistics integrity. The company closed a $1M funding round in October 2013 from an unnamed individual investor active in the digital security software industry. This investment follows a $500k angel financing the company raised in February 2013. Mach 1 intends to use the new funds to expand solution capabilities and to grow its sales and marketing efforts. Mach 1 Development is a provider of products that focus on tracing, locating, and analyzing utilization of cargo, people, and media. Led by CEO Paul Greene, the company offers DocuTRACER, a software platform that enables organizations to tag, track, and trace the real-time creation, security classification, movement, genealogy and chain-of-custody of digital documents. Clients include military, government and commercial organizations. The company is based in Austin, TX and Ashburn, VA. Mach 1 closed a $500k angel funding round with backers undisclosed. It intends to use the funds to expand sales channels, further develop products, expand software capability into energy, medical, and financial services markets, and integrate its API with Microsoft SharePoint, SalesForce.com, DropBox and other applications.

Total raised

$2M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2013