Blumira, an Ann Arbor, MI-based provider of detection and response technology platform, raised $15M in Series B funding.
The round was led by Ten Eleven Ventures and joined by RPS Ventures, Mercury Fund, HPA, and Duo Security co-founder Jon Oberheide.
The company intends to use the funds to accelerate its growth trajectory.
Led by CEO Jim Simpson, Blumira provides its XDR platform that combines SIEM, endpoint visibility, and automated response to help organizations with lean IT teams consolidate tools, reduce complexity, integrate to provide insight across their entire environment, and use automation to speed up response. The company has seen growth over the past year with 100% year-over-year customer growth, with users in every vertical, including manufacturing and healthcare industries, as well as credit unions, colleges, universities, and municipalities.
FinSMEs
07/06/2023