Area 1 Security, a Menlo Park-based cybersecurity startup, raised $8m in Series A funding.
The round was led by Kleiner Perkins Caufield & Byers, with participation from Allegis Capital, Cowboy Ventures, Data Collective (DCVC), First Round Capital, RedSeal Networks CEO and former Venrock partner Ray Rothrock, and Shape Security CEO Derek Smith. In conjunction with the funding, KPCB’s Ted Schlein joined Area 1’s board.
The company, which has now raised $10. 5m in total funding, will use the capital to advance product development and to expand its proprietary technology.
Founded in 2013 by former NSA leaders including CEO Oren Falkowitz, Blake Darche and Phil Syme, Area 1 Security is developing a product focused on eliminating targeted, socially engineered cyber attacks.
The company is hiring.
FinSMEs
10/12/2014