Secures $4M Second Round of Seed Funding for Expansion and Enhancing its Threat Exposure Management Platform | Cybersecurity
Summary
July 12, 2023 HERNDON, VA: Hive Pro, a pioneer in the Threat Exposure Management market, announced today that they have closed $4 million in their seed funding round from private investors. The successful completion of Hive Pros second round of seed funding will support the continued delivery of Hive Pro: Threat Exposure Management, a trusted platform to address the growing challenge of cyber threats.One of the first objectives this funding round will support is the relocation and expansion of their new Virginia-based headquarters. Hive Pro is a comprehensive cybersecurity platform that enables organizations to proactively manage and mitigate threats by identifying vulnerabilities, prioritizing risks, and providing actionable insights for effective remediation. The investment will further strengthen the platforms capabilities, incorporating advanced threat intelligence, machine learning algorithms, and real-time monitoring features, making it even more robust and responsive to emerging cyber threats.We are thrilled to have successfully raised our second round of seed funding, said Anand Choudha, Founder and CEO at Hive Pro. This additional investment will allow us to accelerate our growth plans, expand our team, and enhance our Hive Pro Threat Exposure Management Platform to provide customers with continuous and unparalleled threat and vulnerability reduction.As part of their strategy to achieve annual goals in company scale and expansion, Hive Pro will enhance global presence, partnerships and alliances.