May 2, 2024 at 11:27AM
Four cybersecurity startups secured pre-seed, seed, and early-stage funding in May. Insane Cyber, San Antonio-based, received $4.2 million in early-stage funding from Paladin Capital Group and others to focus on industrial cybersecurity. Resonance Security, RunReveal, and StepSecurity raised $1.5 million, $2.5 million, and $3 million, respectively, for their cybersecurity solutions.
Based on the meeting notes, here are the key takeaways:
Four cybersecurity startups received different rounds of funding:
– Insane Cyber, based in San Antonio, Texas, secured an early-stage funding round of $4.2 million, focusing on industrial cybersecurity for critical infrastructure and evasive network threats.
– Resonance Security, a New York-based startup, raised $1.5 million in a pre-seed funding round, specializing in identifying vulnerabilities in Web2 and Web3 ecosystems through various security capabilities.
– Austin-based RunReveal announced the general availability of its SIEM platform with $2.5 million in seed funding, targeting the fast detection of threats and addressing data overload issues in security operations.
– StepSecurity, headquartered in Seattle, received $3 million in a seed funding round and is dedicated to securing CI/CD pipelines and infrastructure, with plans to expand its product coverage to additional environments.
The startups’ focus areas include industrial cybersecurity, securing Web2 and Web3 ecosystems, Security Information and Event Management (SIEM) platform, and securing CI/CD pipelines and infrastructure.
Furthermore, related announcements showcased other cybersecurity startups that have successfully raised significant funding for their respective platforms and solutions.