Beauceron Security seeded with $1.5 mln in NBIF-led round

Fredericton-based cyber-risk management platform Beauceron Security has raised $1.5 million in a second seed-stage financing. The round was led by New Brunswick Innovation Foundation (NBIF) and joined by Opportunities New Brunswick, Mariner Partners, East Valley Ventures, First Angel Network, CyLon and angel investors. Founded in 2016 and based on technology developed at the University of New Brunswick, Beauceron offers a cloud-based platform that helps organizations measure, monitor and remediate security threats. Led by CEO David Shipley, the startup will use the funds raised to build out its product roadmap, increase sales and marketing, and recruit new partners.

24 October 2018•3 mins read
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