Tech Company Financing Transactions
Ostra Cybersecurity Funding Round
Rally Ventures and private investors invested in a $4 million Series A capital raise for Ostra Cybersecurity. The financing round was announced by the company on 4/9/2024.
Transaction Overview
Company Name
Announced On
4/9/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Rally Ventures (Lead Investor)
private investors (Jeff Cowan)
Proceeds Purpose
The company intends to use the funds to nearly double its customer-facing teams in areas such as account management, channel marketing, customer success, and support, and to build its US based team in channel partner recruitment and support.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
6101 Baker Rd 202
Minnetonka, MN 55345
USA
Minnetonka, MN 55345
USA
Phone
Website
Email Address
Overview
Ostra Cybersecurity is passionate about protecting small businesses and mid-sized companies. Ostra was founded by cybersecurity trailblazer Michael Kennedy after a transformative conversation around the campfire. As he heard his friend share about a recent ransomware attack on his business, Michael knew he must do something to prevent others from dealing with this same type of uncertainty and chaos.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Tewksbury
Founder
Michael Kennedy
Vice President
Emad Bhatt
VP - Bus. Development
Paul Dobbins
VP - Marketing
Stacey Kusnier
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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