Cyber Security Training Team Closes a $500,000 Seed Round
Living Security Gets Backing from Active Capital, Cathexis Ventures and Notable Angel Investors
AUSTIN, Texas, August 14, 2018 (Newswire.com) - Living Security, a company dedicated to cyber security awareness and training, is excited to announce they closed a $500,000 seed round investment from leading venture capital firms and angel investors.
Living Security is using the financing for product development, go-to-market execution and team expansion.
The two lead institutional investors of Living Security include Active Capital and Cathexis Ventures. A Pipeline Angels investment was contributed to their funding, as well.
Active Capital is a venture firm with a focus on leading seed rounds for founder led, B2B SaaS companies. Based in San Antonio, Active Capital is led by former Rackspace founders and executives who helped build Rackspace into a multi-billion dollar enterprise.
Based in Houston and Boston, Cathexis is a private investment firm that targets a variety of industries in public and private markets. Cathexis exclusively invests their own capital, targeting early-stage investments in the $100,000-$200,000 range, which allows them to move quickly and maintain a long horizon.
Pipeline Angels creates capital for women and non-binary femme social entrepreneurs with 40 locations in the U.S. After launching in April 2011, over 300 members have graduated from the Angel Investing Bootcamp and have invested more than $5 million in over 50 companies.
During Living Security’s seed round, several advisors provided the company with a high level of support and expertise. Living Security thanks Nathan Tacha, Lance Hayden, Tanya White and Aaron Cohen for contributing to their success.
"The addition of these strategic investments and advisors has accelerated our growth in preparation of the launch of our Cyber Escape Security Awareness training platform,” said Ashley Rose, CEO of Living Security. “We are grateful for their faith, support, expertise and connections that are critical to our mission to help organizations combat cyber threats through immersive and impactful Security Awareness training experiences."
About Living Security:
Because of the increasing demand for cyber security, Living Security entered the market to provide engaging security awareness training. They have successfully done this through their original product, the Living Security Escape Room, reaching thousands of people all over the U.S.
Living Security’s focal point is decreasing human error - the greatest cyber security risk enterprises face - through immersive and intelligence-driven training solutions. Their science-based approach drives user engagement and reinforces positive security behaviors, integrates threat intelligence to train on the most relevant user-facing threats and delivers metrics that enable companies to measure the effectiveness of the program.
For more information or to learn about reducing cyber security risk and training employees, visit livingsecurity.com.
Ashley Rose - Co-Founder and CEO, Living Security
Source: Living Security