Radicl, a Boulder, CO-based cybersecurity innovator delivering enterprise-grade extended threat protection to small-to-medium-sized businesses (SMBs), raised $9M of additional early-stage funding, adding to $3M previously raised.
The new round was led by Paladin Capital Group and included participation from Access Ventures, the DA Ventures Seed Fund (a Denver Angels affiliate), and a group of strategic angel investors.
The funding will be used to expand platform R&D, build sales and marketing functions, and enable the upcoming commercial launch of RADICL XTP.
Led by Chris Petersen, CEO, Radicl provides the Xtended Threat Protection (XTP) platform that delivers SMBs full-spectrum threat protection and compliance management. The RADICL XTP Platform powers an AI-augmented virtual Security Operations Center (vSOC) delivering customers automated and expert-driven threat monitoring, threat hunting, incident response, vulnerability management, security awareness training, and managed compliance adherence.
Its vSOC is powered by its proprietary XTP platform, a unified solution that combines advanced threat detection, threat monitoring, incident response, vulnerability management, security awareness training, and compliance management. The platform is designed to fully leverage current and upcoming AI innovations and advancements.
FinSMEs
14/11/2023