EdgeWave Closes $2M in Series A Equity Funding

edgewaveEdgeWave, a San Diego, CA-based cybersecurity startup, closed $2m in additional Series A equity funding.

This financing brings total 2014 equity funding for the company to $8 million.

The investment included:
– an additional $1.2m from TVC Capital,
– an additional $500k came from Northgate, and
– the remaining $300k came from Mr. Bill Baumel and RWI Ventures’ partners.

The company intends to use the funds to continue to expand operations.

Led by Mike Walls, EdgeWave provides enterprise security solutions validated by several thousand customers. Its EdgeWave EPIC (Enhanced Precision and Integrated Cyber Capabilities) thwarts advanced cyber threats and ensures security policy compliance through a combination of artificial and human intelligence with Military-Grade cyber operations.

The company also has a team of professionals providing 24/7 monitoring, threat detection and analysis from multiple operation centers.

FinSMEs

18/12/2014

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