GreatHorn, the cybersecurity solution for cloud communications platforms, today announced it has secured a $6.3 million Series A funding round from Techstars Venture Capital Fund and .406 Ventures, with participation from existing investors including ff Venture Capital, SoftTech Ventures and RRE Ventures. The capital will help the company meet rising customer demand, expand its R&D activities and accelerate GreatHorn’s sales and marketing efforts. As part of the financing, .406 Ventures Partner, Greg Dracon and Techstars Ventures Partner Ari Newman, will join GreatHorn’s board of directors.
“Techstars Venture Capital Fund invests in the most innovative and disruptive Techstars companies to fuel their success and we believe GreatHorn is helping solve a major cybersecurity challenge facing all parts of society,” said Newman. “Advanced and targeted social engineering threats represent one of the most pernicious and dangerous challenges to organizations in both the public and private sector. GreatHorn brings fresh thinking and a cloud-native, intelligent platform that can protect these organizations. We’ve been thrilled with the progress and execution GreatHorn has shown over the last few years and are excited to step up our investment in the company... READ MORE