Security Experts:

Connect with us

Hi, what are you looking for?


Cybersecurity Funding

MDR Provider GoSecure Raises $35 Million

Managed Detection and Response (MDR) provider GoSecure this week announced that it has secured $35 million in Series E growth funding.

Managed Detection and Response (MDR) provider GoSecure this week announced that it has secured $35 million in Series E growth funding.

Launched in 2012 as CounterTack, the cybersecurity firm has headquarters in Montreal, Quebec, and San Diego, California. With 200 employees at the moment, the company has seen accelerated growth during the COVID-19 pandemic, which forced organizations to switch to an increasingly mobile workforce.

The MDR market is expected to grow in the foreseeable future, courtesy of increased adoption among mid-market organizations.

GoSecure claims that its platform can help organizations significantly improve the manner in which they protect themselves, by enabling them to detect and mitigate incidents in less than 15 minutes.

“GoSecure continues to add new customers at the highest rate in our history. Based on the detection and response platform we’ve built, customers see the value of GoSecure MDR immediately and rest comfortably knowing they are protected by the best people, processes, and technology in the market,” Neal Creighton, GoSecure CEO, commented.

The investment round was led by W Investments Group, with guidance from Yaletown Partners, which led GoSecure’s initial Series E round in June 2020, when it announced raising $20 million. GoSecure was aided by National Bank Financial Inc. in securing the financing.

Related: EclecticIQ Closes $24 Million Series C Funding Round

Related: Banking Cybersecurity Provider DefenseStorm Raises $19 Million

Related: DevSecOps Company apiiro Emerges From Stealth With $35 Million in Funding

Related: Secure Access Provider Axis Security Raises $32 Million

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Data Breaches

GoTo said an unidentified threat actor stole encrypted backups and an encryption key for a portion of that data during a 2022 breach.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.


A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...


Twenty-one cybersecurity-related M&A deals were announced in December 2022.


Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.