Tech Company Financing Transactions
Tugboat Logic Funding Round
iNovia Capital, private investors and WestWave Capital participated in a $8 million funding round for Tugboat Logic. The round closed on 5/28/2020.
Transaction Overview
Company Name
Announced On
5/28/2020
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand the automated compliance capabilities of its Security Assurance Platform, build out a channel of security partners, and expand its customer success infrastructure to ensure customers reach their InfoSec goals.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
433 Airport Blvd.
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Overview
Tugboat Logic was created to address the skills and expertise gap in the security and compliance industry. Our goal is to simplify and automate information security management for every enterprise. We help clients plan and implement a security program for their organization, get them ready for industry certifications and enable them to prove compliance with their business partners.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ray Kruck
Chief Information Officer
Jose Costa
VP - Bus. Development
Brent Plow
VP - Customer Service
Sydney Archer
VP - Engineering
Scott Sturgeon
VP - Product Management
Patrick Murray
VP - Sales
Michael Chessa
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