Cybersecurity Firm Syncurity Closes $2M Seed Round of Institutional Investment

Funding Rounds

▤ Summary

BETHESDA, Md.--( BUSINESS WIRE )-- Syncurity , a market leader in Security Orchestration, Automation and Response (SOAR), today announced the second and final close of its two million 2018 institutional investment round. The round was initially led by the Maryland Technology Development Corporation (TEDCO) before closing oversubscribed with the addition of Kluz Ventures , through its fund The Next Impact, and SixThirty CYBER . In addition, the company has added former Zscaler (NASDAQ:ZS) CISO, Michael Sutton to its Board of Advisors, further enhancing Syncurity’s depth of security, technology and cloud expertise. In addition to dramatically increasing analyst efficiency and reducing detection, investigation and response times, Syncurity IR-Flow’s end-to-end case management capabilities provide enterprises with complete, real-time visibility into security operations, capturing all human and machine-based actions and simplifying reporting and compliance. “These additional funds — along with the institutional firms behind them — as well as our strong Board of Advisors will enable Syncurityto extend the lead of our IR-Flow platform to new customers and partners around the world,” said Syncurity CEO, John Jolly.

$ Funding

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Amount $2.0M Total raised
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Date January 14, 2019 Announcement date
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Investors Maryland Technology Development Corporation (TEDCO), Kluz Ventures Lead investors
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Company https://www.syncurity.net Funded company

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