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Wirespeed raised Seed funding to expand operations. The round was led by Mairs and Power Venture Capital.

May 23, 20257 months ago

Round Type

Seed

St. LouisNetwork SecurityCyber SecuritySecurity

Investors

Daren CotterRnp Capital AdvisorsGrossman VenturesDeke GeorgeGary FishMairs And Power Venture Capital

Description

Wirespeed raised an undisclosed amount in Seed funding. The round was led by Mairs and Power Venture Capital, with participation from several other investors. The company intends to use the funds to expand operations and its development efforts. Led by CEO Tim MalcomVetter and CTO Jake Reynolds, Wirespeed provides an automated MDR platform.

Company Information

Company

Wirespeed

Location

St. Louis, Missouri, United States

About

Wirespeed is a cybersecurity startup that offers an automated MDR platform. The platform utilizes a proprietary conditional logic algorithm for quick threat detection and integrates with various communication tools like Slack and Teams. Wirespeed aims to simplify the security process for clients, allowing them to adapt automation to their organizational culture without requiring technical expertise. The company focuses on enhancing operational efficiency for in-house security teams.

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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