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.
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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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AlpharettaInformation TechnologyProfessional ServicesSoftwarePrivacy And Security