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Root Evidence raised $12.5M in Seed funding led by Ballistic Ventures to expand operations and development efforts.

Jul 28, 20255 months ago

Amount Raised

$12.5 Million

Round Type

seed

BoiseNetwork SecurityCyber SecuritySecurity

Investors

Grossman VenturesBallistic Ventures

Description

Root Evidence, a Boise, ID-based cybersecurity startup, raised $12.5M in Seed funding. The round was led by Ballistic Ventures with participation from Grossman Ventures and others. The company intends to use the funds to expand operations and its development efforts. Founded by a team of experienced executives, Root Evidence focuses on vulnerability management.

Company Information

Company

Root Evidence

Location

Boise, Idaho, United States

About

Root Evidence is a cybersecurity company advancing evidence-based vulnerability management to help organizations focus on the small percentage of vulnerabilities that are actually exploited in the wild, have caused reported breaches, and led to material financial losses.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech