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QualiChem to spend $9 Million to expand in Salem Virginia.

QualiChem to spend $9 Million to expand in Salem Virginia.

June 17, 2025 Craig Etkin

Salem, Virginia — According to state and local development sources, QualiChem plans to invest $9,000,000.00 to build out new space in Salem. The company plans to occupy the new space at 616 Idaho Street in Salem, on or about April 1, 2026. According to the company website QualiChem, Inc. manufactures some of the most advanced metalworking fluids available in the world. As a global supplier, our fluids meet all of the relevant health & safety regulations, including GHS and REACH. Our product line includes water-dilutable coolants, straight oils, metal forming fluids, cleaners, and rust & corrosion inhibitors. QualiChem is a quality-focused ISO 9001:2015 company and a zero-discharge facility. In early 2023, QualiChem Europe GmbH was established and many of our best-selling fluids are now manufactured in Germany.

To learn more about QualiChem, visit http://qualichem.com/

Company Contact:
Tim Davis, President
540-375-6700

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Trustifi, a leading cybersecurity software platform specializing in email security, data loss prevention, and security awareness training, has announced the successful closing of its $25 million Series-A funding round. The investment was led by New York City-based software growth equity firm Camber Partners, known for backing innovative growth-stage B2B SaaS companies during their rapid scale-up phase.

This funding round emphasizes the growing market demand for Trustifi’s comprehensive secure email platform, which is designed to simplify and automate email security for businesses across all geographies and sectors. The new capital will be utilized to bolster and accelerate Trustifi’s product roadmap, double down on go-to-market initiatives, and increase awareness and marketing efforts within the company’s rapidly growing end-market.

In a statement Rom Hendler, Trustifi CEO said “We are eager to partner with Camber for the chapter ahead.” “Their collaborative approach, strategic insight, and deep experience in scaling software companies will be invaluable as we continue to innovate and deliver an industry-leading cybersecurity platform. This investment reinforces the strength of our technology and the exceptional value we provide our customers and partners.”

Trustifi’s platform helps organizations protect sensitive information, prevent data breaches, and ensure compliance with regulatory standards through seamless integration with existing email systems like Microsoft 365 and Google Workspace. The company’s intuitive platform is gaining rapid adoption across industries and geographies, reflecting increasing concern over AI-driven cybersecurity threats and the imperative to secure communication channels effectively.
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According to state and local development sources, UBS plans to invest nearly $2 Million to build out 13,300 square feet of new office space in Austin Texas. The project consists of the fit-out of a first generation office space on the 31st Floor at 401 W 4th Street Suite 3100 in Austin. The new space is expected to be ready for occupancy by March 1st 2026. Design for the facility is being handled by the New York City office of Verderame Cale architecture.

With a 150-year history, 124,000 colleagues around the world, and a network of offices in over 50 countries on 5 continents, UBS has extensive experience managing the wealth of high net worth and ultra high net worth individuals. Their global strategy is centered on strengthening UBS’s leading Wealth Management Americas franchise while integrating and finding synergies among the Investment Bank and Asset Management divisions to deliver outstanding solutions for clients. The UBS Wealth Management Americas approach is based on the trusted relationship of their Financial Advisors and their clients. The company's experienced Advisors are committed to understanding clients’ needs and delivering insightful, informed advice to help them realize their dreams. UBS works with individuals, families, institutions, and corporations around the world to help answer some of life's questions whether through award winning wealth management advisory, investment banking and asset management expertise, or private and corporate banking services in Switzerland. In June 2023, Credit Suisse became a UBS Group company.
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MIND, the upcoming leader in data loss prevention, today announced $30M Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta Ventures and existing investor YL Ventures. This round brings MIND’s total funding to over $40M and will fuel MIND’s strategic growth and enhance its data security platform capabilities. In the past seven months, MIND has achieved 500% customer growth, gained significant traction among Fortune 1000 companies, prevented sensitive data loss across hundreds of thousands of endpoints through its proprietary endpoint agent and delivered immediate value by protecting the sensitive data of leading enterprises.

In a statement Eran Barak, Co-Founder and CEO of MIND said, “MIND was founded to help organizations thrive in the AI era and navigate the exponential growth of sensitive data in complex IT environments.” “Our rapid growth reflects a clear market shift toward smarter, faster and fully automated approaches to DLP and insider risk. This funding validates both our product and the market demand. With the backing of our new investors, each bringing deep expertise in data security, we’re positioned to revolutionize the DLP category, empower secure innovation and double our R&D and go-to-market teams by year’s end.”

MIND is on a mission to help organizations thrive in a digital world in the AI era by protecting their most sensitive data, mitigating risks and preserving brand reputation. MIND is the first-ever data security platform that puts data loss prevention and insider risk management programs on autopilot to deliver both data security posture and data loss prevention. The company enables businesses to mind what really matters—their most sensitive data. Founded and led by cybersecurity leaders and industry veterans, MIND is based out of Seattle Washington.
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