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Defendify closes $3.35 million funding round to expand on cybersecurity offerings and accelerate growth

Cybersecurity

Defendify closes $3.35 million funding round to expand on cyber offerings, growth

August 18, 2022Ken Showers, Managing Editor

groPORTLAND, ME – All-in-one cybersecurity platform Defendify announced that it has closed a $3.35 million funding round. The round was led by existing investor Maine Venture Fund (MVF) with participation from current investors York IE, Maine Technology Institute (MTI), 3dot6 Ventures, Wasabi Ventures, and FreshTracks Capital. The company has been growing strong despite the pandemic, expanding both its reach and user base as it grows its team.   “Defendify is building a robust...

Company Growth, cybersecruity, Defendify, funding, Information Technology (IT), Joe Powers, Maine Venture Fund, Rob Simopoulos, SaaS


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Suppliers

Pivot3 gets $14m infusion

October 30, 2013Martha Entwistle

AUSTIN, Texas—Pivot3's new $14 million credit facility will propel the storage provider's move into bigger deals that involve “thousands and thousands of cameras,” Olivier Thierry, Pivot3 CMO, told Security Systems News.The funds will “drive the channel partnerships” for those bigger deals, Thierry said, which in turn will create “sustained profitability [for the company], which is what we're really after.”Pivot3, which makes converged storage and compute...

converged storage, funding, InterWest Partners, mesirow financial capital partners, Olivier Thierry, Pivot3, Video Surveillance


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General News

CapitalSource has a new way to serve security industry

April 20, 2010L. Samuel Pfeifle

CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. In recent years, before CapitalSource was forced to become a bank to ride out the financial...

CapitalSource, funding, lending, MainStreet, security alarm companies, security systems, SLP


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