LifeRaft closes $1.45 mln Series A round led by Mike Durland
Halifax-based corporate security software provider LifeRaft has raised $1.45 million in a non-dilutive Series A financing. The round, which follows LifeRaft's $2 million financing last year, was led by Mike Durland, head of Melancthon Capital, a Canadian investment and advisory firm. As a result, Durland will join the startup's team. Launched in 2014, LifeRaft has built a technology platform that identifies potential security threats to people and business assets by gathering actionable intelligence from open-source channels. It will use the funds raised to expand sales and marketing, drive product development, and add to its global customers.
6 October 2017•3 mins read
