Tech Company Financing Transactions
UpGuard Funding Round
On 8/15/2016, UpGuard announced $17 million in Series B funding from Pelion Venture Partners and Square Peg Ventures.
Transaction Overview
Company Name
Announced On
8/15/2016
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors
Pelion Venture Partners (Lead Investor) (Chris Cooper)
Proceeds Purpose
UpGuard will use the funds to fuel an aggressive growth strategy centered on increasing adoption of its cybersecurity assessment score, or CSTAR score, and exploring insurance opportunities.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
650 Castro St. 120-387
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Website
Email Address
Overview
UpGuard is the company behind CSTAR, the world's only comprehensive and actionable cybersecurity preparedness score for enterprises. The score allows businesses to understand the risk of breaches and unplanned outages due to misconfigurations and software vulnerabilities.
Management Team
Title
Name
Email & Social
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