Troubled cyber-security company ISC8 Inc. says it needs to raise more funds to meet its obligations moving forward.
Costa Mesa, Calif.-based ISC8 sells cyber-security products and services for governments and businesses. The company provides hardware, software and services that are used for web filtering, inspection with big data analytics and malware-threat detection. ISC8's products, called Cybert Adapt, Cyber NetFalcon and Cyber NetControl, are used in the Middle East, as well as by mobile operators in Europe and Asia. ISC8 is controlled by Costa Brava and Griffin, the company's largest stockholders and debt holders, who together control 53 percent of ISC8's common stock.