Virgil Security Raises $4M Series A
Summary
Virgil Security raised $4 million in Series A funding to expand its application security platform. The company builds cryptographic software, cloud-based key management, and open source libraries that help developers add encryption and passwordless authentication to products. The round was led by KEC Ventures with participation from several venture firms and individual investors. The company plans to use the capital to accelerate adoption, grow its developer evangelism and sales team, and expand into new vertical markets.
Funding
Amount
$4.0M
Total raised
Date
October 17, 2016
Announcement date
Investors
Charge Ventures, MACH37 Cyber Accelerator, Working Lab Capital, NextGen Venture Partners, Bloomberg Beta, Baltimore Angels, KEC Ventures, Blu Venture Investors
Lead investors
Company
virgilsecurity.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Cybersecurity Software
Encryption Software
SaaS
Linked Companies
Virgil Security
$1M to $5M