Ostra Cybersecurity, a Minneapolis, MN-based holistic and managed security as a service platform provider, raised over $4M in Series A funding.
The round was led by Rally Ventures, with participation from founding investor Jeff Cowan.
The company intends to use the funds to nearly double its customer-facing teams in areas such as account management, channel marketing, customer success, and support, and to build its US based team in channel partner recruitment and support.
Led by new CEO Andrew Tewksbury, Ostra provides its partners and their clients with multi-layered, comprehensive, and fully managed Security as a Service. Its proprietary solutions combine Fortune 100-caliber tools, tech, and talent to ensure threats are detected, hunted, and fully remediated.
To date, Ostra has raised $10M, with most funds coming in the past 18 months based on the rise in demand for a complete managed offering tailored to small and mid-sized business (SMBs).
FinSMEs
09/04/2024