Nudge Security, a San Francisco, CA-based provider of modern SaaS security and governance solutions, recently secured additional funding, bringing their total seed funding to $16.5 million.
Investors
The investment was from Forgepoint Capital, alongside Ballistic Ventures. With this investment, Forgepoint Co-Founder and Managing Director Alberto Yépez will join Nudge Security's board.
Forgepoint is an early-stage venture capital firm that partners with transformative cybersecurity and infrastructure software companies. With over $1 billion in AUM, and an active portfolio of nearly 40 companies. It was founded in 2015 and is headquartered in the San Francisco Bay Area.
Nudge Security Use of Funds
With the fresh , Nudge Security plans to sustain this rapid pace of product development and further expand its go-to-market efforts.
About Nudge Security
Founded in 2021 by Russell Spitler and Jaime Blasco, Nudge Security helps modern organizations manage SaaS security and governance at scale by working with employees, not against them. With an innovative, patented approach to SaaS discovery, Nudge Security empowers IT and security teams to regain control of their security posture and minimize time spent on tedious, manual administration tasks. Their platform has identified over 38,000 unique SaaS applications within customer environments. Their clientele includes prominent cloud-native enterprises and forward-thinking IT and security teams across various industries.
Funding Details
Company: Nudge Security, Inc.
Raised: $16.5M
Round: Seed Round
Funding Month: May 2024
Investors: Forgepoint Capital, Ballistic Ventures
Company Website: https://www.nudgesecurity.com/
Software Category: SaaS Security and Governance
Source: https://www.prnewswire.com/news-releases/nudge-security-welcomes-forgepoint-capital-to-seed-round-syndicate-bringing-funding-to-16-5-million-302137530.html