Deals

Allure Security Raises $5.3M in Seed Funding
Date: 
Thursday, January 25, 2018
Location: 
Waltham
Categories: 
B2B
Big Data & Analytics
Security
Deal Type: 
Funding

Allure Security today announced the close of a $5.3 million seed funding round. The company will use the investment to further innovate its industry-first data loss detection and response (DDR) platform and to continue to add key personnel to its new Boston-area headquarters.

Allure’s first-ever VC round is led by Boston-based Glasswing Ventures, the early-stage venture capital firm dedicated to investing in the next generation of AI technology companies that address the connected world and the security of the ecosystem. Glasswing Ventures Managing Partner Rick Grinnell, best known for his investments in EqualLogic (acquired by Dell), Prelert (acquired by Elastic), and Resilient Systems (acquired by IBM), has also joined Allure Security’s Board of Directors... READ MORE