Wednesday, October 12, 2016

E8 Security Snags $12M

Redwood City-based E8 Security, a developer of software used to analyze cybersecurity threats, has raised $12M in a Series B funding round, the company said Tuesday. The funding was led by Strategic Cyber Ventures, and also included March Capital Partners, Allegis Capital, and The Hive. The company has now raised $21.8M in total. The funding goes to go-to-market and sales efforts. E8 Security is headed by Matt Jones. The company says its software can measure an organization's risk to a data breach and identify the early warnings signs when critical resources are being targeted. More information »