Beauceron Security Celebrates Record Year of Growth and Latest $3 Million Equity Investment Round —

David and team have built a world-class cybersecurity company and inspire a culture of security in all their customers, says Carey Ransom, Managing Director, BankTech Ventures.Our banks and their networks are primary targets for bad actors, and theyre much more aware and safer when they work with Beauceron. We have a mission at BankTech Ventures to invest in the leading bank-enabling technologies and founding teams, and this company is exactly who we want in our ecosystem.The oversubscribed investment round included participation from current investors including the New Brunswick Innovation Foundation, the Independent Community Bankers of America (ICBA), The Venture Center and existing angel investors.Were incredibly proud to be part of the BankTech portfolio of firms providing innovative strategic fintech and cybersecurity solutions to community banks in the United States, says Beauceron Security CEO David Shipley. Customers report a 99% increase in employees reporting suspicious activity and an 85% decrease of engaging with malicious e-mails.Weve grown tremendously over the past five years, developing solutions for customers that have reduced cyber risk faster and further than other approaches while also building a team of global experts on the human elements of cybersecurity, says Shipley.Beauceron Security has successfully established itself as a leader in the cybersecurity sector of New Brunswick and across the globe. The company was founded in 2017 by security practitioners at the University of Brunswick who recognized a key problem in cybersecurity: the lack of focus on educating and motivating people. For more information, please visit www.banktechventures.com.Established in 2003, NBIFs mandate is to invest in mission-driven research and early-stage technology companies in New Brunswick to drive economic growth.