ECompany Secures $5.5 Million in Backing

ECompany Inc., an Aliso Viejo software application developer, said Tuesday it has secured $5.5 million in its first round of funding for operations.

The company said in a press release that Fay, Richwhite & Cie, one of Europe’s larger equity firms, led the funding, along with U.S. and other European investors.

ECompany said it has set up two new divisions, Avataro and EEye Digital Security. Avataro will focus on electronic business software application development, while EEye becomes the network security product development division.