Fidelis Cybersecurity Raises $25M in Growth Capital

Funding Rounds

▤ Summary

Fidelis Cybersecurity , a Bethesda, MD-based provider of automated detection and response capabilities, completed a $25m funding round.The round was led by existing investors.The company intends to use the funds to extend its strategic product innovation as well as support business growth through expansion of go-to-market initiatives and investment into its 24×7 managed detection and response (MDR) service.Led by Nick Lantuh, President and CEO, Fidelis Cybersecurity provides Fidelis ElevateTM, a platform that delivers automated detection and response across networks, endpoints, cloud and enterprise IoT environments.The company complements Fidelis ElevateTM with a 24×7 MDR service, which offers customers a team of security experts that leverage the patented technology to analyze rich network and endpoint metadata, content, behavioral and asset characteristics to aid in hunting and investigations.

$ Funding

$
Amount $25.0M Total raised
□
Date September 18, 2018 Announcement date
◎
Investors Fidelis Cybersecurity Lead investors
▥
Company http://www.fidelissecurity.com Funded company

▥ Classifications

industries
No industries detected
applications
Business Intelligence

◇ AskAI Classifications

Labels
Cybersecurity Cloud Security Network Security

▦ Linked Companies

Fidelis Security
$25M to $50M