Industry News: Cyber

Red Canary Raises $34 Million to Detect and Remediate Cyber Threats

Written by Cybersecurity | May 14, 2019 1:46:23 PM

2019-04-29

VentureBeat: Red Canary, a five-year-old Denver, Colorado-based company developing cloud-based security services, today announced that it’s secured $34 million in growth equity financing led by Summit Partners, with participation from existing investors Access Venture Partners and Noro-Moseley Partners. It follows on the heels of a $6.25 million venture series in May 2018 and brings the company’s total raised to $48.9, and will fuel the expansion of Red Canary’s services and team in the coming months, according to CEO and cofounder Brian Beyer...

Read more...