Bandura Cyber, a Columbia, Md.-based Threat Intelligence Gateway (TIG) company, raised a Series A round of funding.
The round was led by Tenfore Holdings with participation from Grotech Ventures, Gula Tech Adventures, and Cultivation Capital. Joyce Shen of Tenfore Holdings will join the company’s board of directors as part of the round.
The company has customers in financial services, healthcare, energy, and state and local government,
Led by CEO Chris Fedde, Bandura provides the TIG™ platform, which complements the firewall to enable companies of all sizes to use threat intelligence without limits in an automated way. The Bandura TIG can process over 100 million unique threat intelligence indicators at line speeds ahead of the firewall.
The strategic funding will accelerate sales and marketing efforts and to make key investments in product development.