Fundz

Reach Security raised $20M in a Series A funding led by Ballistic Ventures to transform how companies use their cybersecurity products with advanced AI.

PRIVATEMar 07, 2024

Amount Raised

$20 Million

Round Type

Series A

SunnyvaleArtificial IntelligenceSecurityCyber SecurityNetwork Security

Investors

Tech OperatorsRidge VenturesWebb Investment NetworkDenise PerssonMark Mc LaughlinArtisanal VenturesBallistic Ventures

Description

Reach Security announced a $20-million Series A funding round led by Ballistic Ventures, with participation from Artisanal Ventures, Mark McLaughlin, Denise Persson, Webb Investment Network, Ridge Ventures, and TechOperators. The funding will be used to reshape the way teams consume security and capitalize on their existing investments.

Quick answer

Reach Security raised $20 Million in a Series A round, dated March 7, 2024. Investors: Tech Operators, Ridge Ventures, Webb Investment Network, Denise Persson, Mark Mc Laughlin, Artisanal Ventures and Ballistic Ventures. Reach Security is based in Sunnyvale, California, United States.

How much did Reach Security raise?
Reach Security raised $20 Million in a Series A round on March 7, 2024.
Who invested in Reach Security?
Tech Operators, Ridge Ventures, Webb Investment Network, Denise Persson, Mark Mc Laughlin, Artisanal Ventures and Ballistic Ventures are named as investors in this round.
What does Reach Security do?
Reach Security is transforming the way companies use their security tools.
Where is Reach Security based and how big is it?
Reach Security is based in Sunnyvale, California, United States. Fundz records about 42 employees.
Who are the decision-makers at Reach Security?
Fundz holds 1 contact at Reach Security. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

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

  • Simbian raised $10M (Seed) on April 11, 2024.
  • TrojAI raised $5.8M (Seed) on April 3, 2024.
  • TrojAI raised $2.5M (Seed) on March 25, 2024.
  • Vorlon raised $16M (Series A) on April 17, 2024.
  • Heeler Security raised $8.5M on April 9, 2024.
  • ThreatLocker raised $69M on April 8, 2024.

Who to call at Reach Security, and when

A new round usually means Reach Security is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Reach Security raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Reach Security, from your own LinkedIn network

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Company Information

Company

Reach Security

Location

Sunnyvale, California, United States

About

Reach Security is transforming the way companies use their security tools. With a focus on optimizing what teams already own rather than adding complexity with new tools, Reach is committed to simplifying cybersecurity, reducing operational costs, and enhancing protection against evolving threats. Founded by cybersecurity experts with venture backing from leading investors and industry luminaries, Reach Security is setting a new standard for cybersecurity efficiency and effectiveness.

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Fundz sees it the moment Reach Security raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.