November 20, 2014
By: Jeff Clabaugh
Arlington-based cybersecurity company Cyber Squared Inc. has closed on $4 million in financing from a group of investors led by Grotech Ventures.
The company, founded in 2011, has also changed its name to ThreatConnect Inc., reflecting the name of its lead product offering.
Cyber Squared has been self-funded since its founding. This is its first round of outside investment.
“We believe that ThreatConnect is at a pivotal point in its growth trajectory, and are excited about the momentum the company has experienced so far,” said Grotech Ventures General Partner Steve Fredrick.
The company says more than 550 companies are currently using its ThreatConnect threat intelligence platform.
ThreatConnect expects to more than double revenue in 2015.