Cinch locks up a million


Cinch SystemsSt.Michael-based Cinch Systems has raised $1m in equity financing, according to a notice recently filed with the SEC.

Founded in 2005, Cinch specializes in the design and manufacture of hardware and software products for high-security installations. The firm offers a full line of AES encrypted high-security alarm systems and intrusion detection products for the US State Department and similar highly classified areas.

It was reported in the summer of ’09 that the firm had already raised $2.2m, signed a new lease and partnered with Boeing to launch a system that uses sensors to log, encrypt and transmit data on who enters an area and when.

Prior to Cinch, CEO Joel Christianson, was with GE in security for 10 + years.