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INDUSTRY FIRST

Second Front Systems Raises Oversubscribed $32 Million Series A To Scale Its Devsecops Platform

Dec 07, 2022•over 2 years ago

Amount Raised

$32 Million

Round Type

series a

WilmingtonSoftware

Investors

Pallas VenturesAbstract VenturesGula Tech Adventures8 VcArtis VenturesMoore Strategic Ventures

Description

Second Front Systems (2F), the public-benefit software company focused on accelerating the delivery of mission-critical software-as-a-service (SaaS) solutions to the government, announced today an oversubscribed series A funding round of $32 million led by Moore Strategic Ventures, and co-led by AEI HorizonX. They will be joining 2F's current investors - all of whom participated in the round - ARTIS Ventures, 8VC, Gula Tech Adventures, Abstract Ventures, Pallas Ventures, Gaingels, and Kleiner Perkins.

Company Information

Company

Second Front Systems

Location

Wilmington, Delaware, United States

About

Second Front is a public-benefit, venture-backed company delivering mission-critical software to the world’s democracies. We work with organizations to simplify and accelerate every step of software delivery to government and regulated networks, including development, accreditation, operation, and extensibility.

FundzWatch™ Score

80
Medium Activity

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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