PlexTrac Raises $10M in Funding

PlexTrac

PlexTrac, a Boise, Idaho-based solution for cybersecurity professionals to identify and accomplish the right security work, raised $10m in Series A funding.

The round was led by Noro-Moseley Partners and Madrona Venture Group with participation from StageDotO Ventures.

The company will use the funds to continue to build the team and grow the platform.

Led by founder and CEO Dan DeCloss, PlexTrac provides a platform that enables offensive and defensive security teams to collaborate in real time on cyber-attack simulations, known as purple teaming.

The mission of the company is to keep every cybersecurity team focused on growing their assessment capabilities, automating their reporting process, and collaborating more effectively.

PlexTrac works through:

  • Report automation for penetration testing and compliance
  • Orchestration across multiple security tools and assessment teams
  • Centralized collaboration throughout the testing, tracking, and remediation lifecycle
  • Real-time analytics and risk visualizations

FinSMEs

14/04/2021