tCell Closes $9.4M Series A Funding Round

tCell, a San Francisco, CA- and Stockholm, Sweden-based application security company, closed a $9.4M Series A round of financing.

Backers included Menlo Ventures, A Capital, Allegis Capital, Webb Investment Network, CrunchFund, and SV Angel.

The company intends to use the funds to continue to expand operations.

Founded in late 2014 by Michael Feiertag and Boris Chen, tCell moves application security out of the network for cloud-first organizations. Using in-application instrumentation and cloud-based analytics, the company’s platform secures production applications, enabling organizations to assess, monitor, and defend their application – without code or network changes, with a simple deployment, agnostic to infrastructure – whether it be virtualized, public/private cloud, containers, or anything else.

In addition to the funding, tCell also named Steve Mullaney to the board as an independent director.

FinSMEs

12/10/2016