Security startup, BreachBits, Raises Seed Investment to Disrupt the Cyber Risk Quantification Market
Feb 26, 2024•almost 2 years ago
Round Type
seed
Investors
Blue Wing VenturesBlu Ventures
Description
BreachBits, a cybersecurity startup, raised Seed funding led by Blu Ventures to accelerate their efforts in helping businesses predict and avoid data breaches at scale. The funds will be used to capitalize on their strong customer growth, invest in the growth of their sales and customer success teams, add platform integrations, and enhance solutions for cyber insurance carriers.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers