Wednesday, March 28, 2018

March Capital Backs SpyCloud In $5M Funding

Santa Monica-based venture investor March Capital Partners has led additional funding in SpyCloud, a company developing software to prevent account takeovers by cybercriminals, has raised $5M in a Series A funding round. SpyCloud announced this morning that it raised the new funding from Silverton Partners and March Capital Partners, both existing investors in the startup. SpyCloud, led by Ted Ross, says it has created software which automatically detects and remediates employee accounts that have been compromised, and forces password changes, as well as surfaces compromised devices infected with keyloggers or malware. The company makes its products available to enterprises. SpyCloud is based in Austin, Texas. More information »

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