After Nearly 6 Years, SMB Cybersecurity Provider Redacted Emerges From Stealth With $35M
Summary
San Francisco-based cybersecurity provider Redacted officially emerged from stealth with a $35 million Series B to help small and medium-sized businesses be more secure. The company felt the time was right to enter the market as more SMBs are making the transition to the cloud and need help to remain secure from attacks and threats, said co-founder and CEO Max Kelly. All they’re doing then is creating more attack surface.” Redacted’s platform offers advanced threat intelligence and response capabilities, giving SMBs security and monitoring services many do not have the resources to do themselves. While large players like CrowdStrike and FireEye have offerings in which they can basically become a company’s security team, those platforms are often geared toward enterprises, Kelly said. “We look for markets where we see white space,” said Alex Doll, founder and managing general partner at TenEleven Ventures.