Venture Capital

Boise-based Plextrac Raises $10M For Cybersecurity Collaboration And Workflow Software

by posted 5months ago 64 views
New funding: PlexTrac, a Boise, Id.-based cybersecurity software startup, raised a $10 million Series A round led by Madrona Venture Group and Noro-Moseley Partners, with participation from StageDot0. Total funding is $11 million to date. The tech: PlexTrac helps companies both with defending and eliminating threats, as well as their penetration testing, or simulated cybersecurity attacks. Its software aims to streamline reporting and collaboration. PlexTrac is one of many cybersecurity startups attracting more attention from investors, particularly with the acceleration of digital adoption amid the pandemic.