Tech Company Financing Transactions
Observable Networks Funding Round
Observable Networks, operating out of St. Louis, raised $2.5 million from Stifel Financial and private investors.
Transaction Overview
Company Name
Announced On
5/30/2014
Transaction Type
Venture Equity
Amount
$2,450,000
Round
Series A
Investors
Stifel Financial (Joseph Schlafly)
Proceeds Purpose
The cyber security startup will use the investment to expand and strengthen sales, marketing, and the product development of its cloud-based Network Security-as-a-Service offering. As part of its expansion, the company will also recruit top engineering and channel development talent, and bring its innovative security capabilities to broader markets to meet high demand for advanced threat detection services.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
230 S. Bemiston Ave. 420
St. Louis, MO 63105
USA
St. Louis, MO 63105
USA
Phone
Website
Email Address
Overview
Observable offers Network Security-as-a-Service providing automated security analytics and modeling to continuously analyze the behavior of all network devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bryan Doerr
Chief Technical Officer
Patrick Crowley
VP - Sales
Jim Reilly
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