Cybersecurity Company Expel Closes $7.5M Series A Funding
Summary
Expel, Inc., a McLean, Virginia – based stealth mode cybersecurity company, closed a $7.5m Series A funding.The round was led by Paladin Capital Group, with participation from New Enterprise Associates, Battery Ventures, Greycroft Partners, Lightbank, and other strategic and individual investors.Led by Dave Merkel, co-founder and CEO, Expel aims to decrease the burden of maintaining security systems on companies.Merkel was previously the chief technology officer and vice-president of products and threat-management solutions at security company Mandiant.FinSMEs 26/09/2016
Funding
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