Tech Company Financing Transactions
Cognigo Funding Round
Cognigo, based in Jersey City, secured $8.5 million in investment from OurCrowd, Prosegur and State of Mind Ventures.
Transaction Overview
Company Name
Announced On
11/14/2018
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series A
Investors
Proceeds Purpose
The new funding will be used to support Cognigo's global sales and marketing expansion and product development, as well as further fuel investment in its Cognitive Computing technology, which helps organizations achieve data protection and privacy regulatory compliance (such as GDPR, PIPEDA, California Consumer Privacy Act and others).
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
111 Town Square Pl. 1203
Jersey City, NJ 07310
USA
Jersey City, NJ 07310
USA
Phone
Website
Email Address
Overview
Cognigo was founded in 2016 by an experienced team of machine learning experts with cyber security and enterprise data security veterans. Our mission is to ensure that critical data assets, which are now more important than ever before, will not fall into the wrong hands. We believe that IT-security has to deliver business value rather than just being a mere mandatory expenditure.
Management Team
Title
Name
Email & Social
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