Tech Company Financing Transactions
Prophet Security Funding Round
Prophet Security closed a $11 million Seed funding round on 4/23/2024. Investors included Bain Capital Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/23/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors
Bain Capital Ventures (Lead Investor)
Proceeds Purpose
The company intends to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
Palo Alto, CA 94027
USA
Palo Alto, CA 94027
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
With advances in LLMs it's finally possible to automate data analysis in ways that actually work. This will radically transform how security teams operate, and we're here to make that happen.
Management Team
Title
Name
Email & Social
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