Companies today must think like the attacker and anticipate threats before they happen.
AUSTIN, Texas (PRWEB)
January 04, 2018
Threatcare, the leader in proactive cyber defense, today announced $1.4 million in seed funding led by Moonshots Capital, a seed-stage venture capital firm. The new funding will be used for recruiting, product development and onboarding new customers. As part of the funding, Craig Cummings, Co-founder and General Partner at Moonshots Capital, will join the Board of Directors. Other investors in the round include Flyover Capital and Firebrand Ventures.
Threatcare simplifies product evaluations, security controls monitoring, and training for security staff. Threatcare’s flagship product, Violet, is the world’s first virtual cybersecurity professional. The Violet platform helps security teams, incident responders, and network forensic practitioners to reduce their attack surface by continuously monitoring their cybersecurity posture. Violet combines traditional Red Team and Blue Team activities, forming a “Purple Team,” which is where Violet’s name is derived.
“Cyber threats are evolving faster than ever before. In order to protect their data and networks, companies today must think like the attacker and anticipate threats before they happen,” said Marcus Carey, Founder and CEO of Threatcare. “Moonshots Capital has provided us with the capital to scale our platform and offer our solutions to more companies. We’re proud to be supported by veteran-led and -focused investors, especially ones who have such a strong track record of success.”
Moonshots Capital is a seed-stage venture capital firm that invests in extraordinary leadership. The managing partners have had several successful exits, including Harvest.ai, a cyber security firm acquired by Amazon in 2016, and Bitium, a Saas-based software operating system recently acquired by Google.
“We’re proud to invest in Threatcare, Marcus Carey and his team. They’ve demonstrated extraordinary leadership and have built a compelling solution that’s making cyber-defense proactive,” said Craig Cummings, General Partner, Moonshots Capital. “Threatcare provides an attacker’s perspective of an organization, helping them stay on-guard and anticipate threats from all angles.”