How much did DefenseStorm, Inc. raise?

DefenseStorm, Inc. raised $12 Million in a Series B round on November 24, 2020.

Who are the decision-makers at DefenseStorm, Inc?

Fundz holds 1 contact at DefenseStorm, Inc. Names and contact details are shown to Fundz members.

DefenseStorm Secures $12M in Series B Capital Raise

PRIVATENov 24, 2020

Amount Raised

$12 Million

Round Type

Series B

AlpharettaInformation TechnologyProfessional ServicesSoftwarePrivacy And Security

Description

DefenseStorm, the leading cloud-based cybersecurity and cybercompliance management provider to regional and community banks and credit unions, announced today that it has raised a $12M Series B round, bringing its total funding to $47M. Georgian, a fintech investing in high growth technology companies, led the round, with participation from TTV Capital.

Quick answer

DefenseStorm, Inc. raised $12 Million in a Series B round, dated November 24, 2020. DefenseStorm, Inc. is based in Alpharetta, Georgia, United States.

How much did DefenseStorm, Inc. raise?: DefenseStorm, Inc. raised $12 Million in a Series B round on November 24, 2020.
What does DefenseStorm, Inc. do?: DefenseStorm provides cybersecurity, cybercompliance and cyberfraud solutions specifically built for banking to achieve and maintain Cyber Safety & Soundness.
Where is DefenseStorm, Inc. based and how big is it?: DefenseStorm, Inc. is based in Alpharetta, Georgia, United States.
Who are the decision-makers at DefenseStorm, Inc?: Fundz holds 1 contact at DefenseStorm, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Privacy And Security around the same time

Companies in the same sectors as DefenseStorm, Inc. that raised within 45 days of this round, from Fundz verified event records.

SentinelOne, Inc. raised $267M (Series F) on November 11, 2020.
StackHawk, Inc. raised $10M on November 4, 2020.
Nisos raised $6M (Funding Round) on January 6, 2021.
Lightspeed Commerce raised $310M on December 16, 2020.
Lightspeed Commerce raised $381M on December 10, 2020.
Dragos raised an undisclosed amount on December 8, 2020.

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Company Information

Company

DefenseStorm, Inc.

Location

710 SECOND AVENUE

Alpharetta, Georgia, United States

About

DefenseStorm provides cybersecurity, cybercompliance and cyberfraud solutions specifically built for banking to achieve and maintain Cyber Safety & Soundness. The DefenseStorm GRID is the only co-managed, cloud-based and compliance-automated solution of its kind, operating as a technology system and as a service supported by experts in FI security and compliance. It watches everything on a bank or credit union’s network and matches it to defined policies for real time, complete and proactive cyber exposure readiness, keeping security and fraud teams smart and executives accountable. DefenseStorm links GRID activities directly into control frameworks and self-assessments with automated evidence collection to easily demonstrate adherence to industry and regulatory standards. Compliance evidence can also be linked to your own unique policies and internal controls. A Threat Ready Active Compliance (TRAC) Team augments a bank or credit union’s internal team to protect business continuity and skills availability while also ensuring cost-effective coverage and management. DefenseStorm is a NAFCU Services Preferred Partner for cloud-based cybersecurity. www.DefenseStorm.com

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1 contact

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What this usually means

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

DefenseStorm, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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