Deals

Pwnie Express Raises $12.9M In Series B Funding
Date: 
Wednesday, May 11, 2016
Location: 
Boston
Categories: 
B2B
Security
Deal Type: 
Funding

Pwnie Express, the leading provider of device threat detection, today announced a $12.9 million Series B round of funding, led by Ascent Venture Partners with investments from MassMutual Ventures LLC and existing investors .406 Ventures, Fairhaven Capital and the Vermont Center for Emerging Technologies (VCET). This new investment will enable Pwnie Express to meet strong demand for its platform and accelerate its aggressive growth strategy.

“As BYOD and the Internet of Things become an integral part of business IT, there is a huge need to protect businesses from the threats created by all these new devices,” said Matt Fates, General Partner at Ascent Venture Partners. “Pwnie Express is uniquely positioned to deliver the device detection, identification and threat assessment platform required to secure business-critical data and infrastructure.” In addition to Ascent leading the new round of financing, Matt Fates will join Pwnie Express’s board of directors...READ MORE