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Encryptix Company

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BUSINESS
August 2, 2000 | KAREN E. KLEIN
Jim Rowan was a senior vice president of SunAmerica Inc. when he left to form a new company that would take the technology developed by Santa Monica-based Stamps.com and apply it to other business models. Rowan formed EncrypTix in November, initially as a Stamps.com subsidiary, and has since raised almost $36 million in investment funding and turned the company into an independent entity.
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BUSINESS
August 2, 2000 | KAREN E. KLEIN
Jim Rowan was a senior vice president of SunAmerica Inc. when he left to form a new company that would take the technology developed by Santa Monica-based Stamps.com and apply it to other business models. Rowan formed EncrypTix in November, initially as a Stamps.com subsidiary, and has since raised almost $36 million in investment funding and turned the company into an independent entity.
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