Beauceron Security, a Fredericton, Canada-based cybersecurity SaaS platform, received a Growth Capital Facility from CIBC Innovation Banking.
The amount of the real was not disclosed.
The company intends to use the funds to continue building new features and products to further assist businesses in reducing their vulnerability to human-centric cyber risks.
Led by David Shipley, CEO, Beauceron Security helps organizations execute cybersecurity awareness programs that empower team members to make decisions and reduce their cyber risk. Through an automated approach to cybersecurity awareness and training, the company enables teams to make cybersafe decisions that deliver results including decrease in phishing simulation clicks, and increase in emails reported. Beauceron Security has over 680 clients worldwide, including North America’s financial institutions and telecoms, as well as government organizations and business enterprises of all sizes.
Existing investors include BankTech Ventures, Independent Community Bankers of America (ICBA), Mariner Partners and New Brunswick Innovation Foundation (NBIF). To date, they have raised $5 million in equity capital.
FinSMEs
13/02/2023