Observable Networks Raises $2.45M in Series A1 Funding

Observable_LogoObservable Networks, a St. Louis, MO-based cyber security startup, raised $2.45m in Series A1 funding.

Backers included the Vectis II fund, a prior investor, of which Stifel, Nicolaus & Company, Inc. is a general partner.

The company, which has secured more than $4M to date, intends to use the funds to recruit engineering and channel development professionals and expand and strengthen sales, marketing, and product development of its offering.

Led by CTO and Founder Dr. Patrick Crowley and CEO Bryan Doerr, Observable Networks provides network security technology and advanced threat detection services.
Its Continuous Device Profiling (CDP) technology includes a cloud-based service platform incorporating automated security analytics and real-time traffic sensors to continuously model all devices on networks of any size and allows organizations to understand normal and abnormal device behaviors in their networks, to identify compromised devices and facilitate faster remediation.

FinSMEs

29/05/2014

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