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Cybersecurity startup Mate Security raised $35 million in a Series A funding round led by Canaan Partners, with participation from Microsoft’s M12, Insight Partners, and Team8 to expand operations.
Amount Raised
$35 Million
Round Type
Series A
Tel AvivArtificial IntelligenceSecurityCyber SecurityInvestors
Description
Mate Security has raised $35 million in a Series A funding round, led by Canaan Partners. The funding will be used to enhance sales, customer support, and R&D teams as the company aims to meet the increasing demand for its AI-driven security platform. After eight months of growth since its Seed round, Mate has expanded by over 500%. The startup plans to double its workforce by the end of the year.
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Based on industry dataWatching Mate? See every signal — funding, hires, M&A, contracts, sentiment.
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