Expel, Inc., a McLean, Virginia – based stealth mode cybersecurity company, closed a $7.5m Series A funding.
The round was led by Paladin Capital Group, with participation from New Enterprise Associates, Battery Ventures, Greycroft Partners, Lightbank, and other strategic and individual investors.
Led by Dave Merkel, co-founder and CEO, Expel aims to decrease the burden of maintaining security systems on companies.
Merkel was previously the chief technology officer and vice-president of products and threat-management solutions at security company Mandiant.
FinSMEs
26/09/2016