Venture Capital

Normshield Secures $7.5M In Series A Funding

by vcaonline.com posted 4months ago 39 views
BOSTON, October 6, 2020-- NormShield, the cyber risk rating company, announced today the closing of $7.5 million in Series A funding led by Moore Strategic Ventures, LLC (MSV). The financing round also includes participation from existing investors, Glasswing Ventures and Data Point Capital. Since its inception in 2016, NormShield has secured a combined total of $11.1 million in financing. NormShield is using the funding to expand its go-to-market capabilities and accelerate the development of its technology platform, which is already used by 145 customers in the global financial, healthcare, retail, and technology sectors.

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