Funding and Acquisitions Roundup: Synack gets $1.5M in Seed funding for crowdsourced enterprise security

Today’s early-stage startup funding and acquisitions news:

Synack, cybersecurity startup employing crowdsourcing to discover vulnerabilities in corporate networks, has closed a $1.5 million Seed funding round. Investors include Kleiner Perkins Caufield & Byers, Greylock Partners, Wing Venture Partners and Allegis Capital. The startup, which just launched this January, says its cloud-based platform allows all enterprises to use the kind of white hat crowdsourced vulnerability testing that companies like Google and Facebook have implemented. It’s based in Menlo Park and was founded by Jay Kaplan and Mark Kuhr—both former U.S. National Security Agency (NSA) analysts.

Vital Stats:

Website: www.synack.com

HQ: Menlo Park, California

Founders: Jay Kaplan (CEO), Mark Kuhr (CTO)

Year Founded: 2013

Seed Investors: Kleiner Perkins Caufield & Byers, Greylock Partners, Wing Venture Partners, Allegis Capital, Derek Smith

Innovation: Crowdsourced network security for enterprises of all sizes.

Total Funding: $1.5 million

(Sources: Synack, TechCrunch, LinkedIn)

More funding news…

Mobile-Focused Ad Tech Startup Run Raises $1.5M From Verizon Ventures (via TechCrunch)

Albumatic takes another whack at getting photo-sharing right, announces $4.2 million Series A (via GigaOm)

Socrative Gets $750K From True Ventures, NewSchools To Bring Realtime Student Response System To K-12 Education (via TechCrunch)

BioBeats taps Hollywood and Silicon Valley investors to blend health and entertainment (via GigaOm)

# # #

Editor

Recent Posts

Crafting Your Startup MVP: A Comprehensive Roadmap for Efficiency and Cost Savings

Many of you probably know that one of the most crucial steps in running a…

3 days ago

EV fleet management startup Synop launches mobile app

New EPA updates regarding emissions regulations have many vehicle fleet operators wondering not if but…

5 days ago

Blockchain industry set to benefit from new collaboration between University of Notre Dame and startup Crescite

The blockchain industry is set to benefit from a new collaboration between the University of…

6 days ago

NTT Research Foundation announces gift to establish Harvard University Center for Brain Science Fellowship Program

The NTT Research Foundation announced this month a gift to establish the Harvard University Center…

2 weeks ago

Unveiling GA4 Reports & Interface: A Beginner’s Guide (Part 2)

Welcome back business owners, marketing professionals, and anyone interested in harnessing digital analytics for business…

2 weeks ago

Pitbull Ventures Closes $5M Fund To Help The Next Generation of Vertical SAAS Companies

Pitbull Ventures, the early-stage venture capital firm founded by prominent investor Brad Zions, today announced the…

2 weeks ago