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Todyl Banks $28M Series A Investment

Security and networking platform start-up Todyl on Thursday announced the closing of a $28 million Series A funding round. 

The new investment round was led by Anthos Capital with participation from previous investors Blu Ventures, StoneMill Ventures, and Tech Operators.

Security and networking platform start-up Todyl on Thursday announced the closing of a $28 million Series A funding round. 

The new investment round was led by Anthos Capital with participation from previous investors Blu Ventures, StoneMill Ventures, and Tech Operators.

The company launched with $2.3 million in seed funding.

The company said the Todyl Security Platform will offer a single-agent, cloud-first platform that brings together Endpoint Security (EDR + NGAV), GRC, MXDR, SASE, and SIEM capabilities.

By offering prevention, detection, and response capabilities, the company is positioning itself to help organizations implement an effective end-to-end security program.

Founded in 2015, Todyl said it would use the new funds to invest in the development of its security and networking platform.

Related: Hackuity Emerges From Stealth With $13 Million in Funding

Related: Cyber Insurance Firm Cowbell Raises $100 Million

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Related: Threat Intelligence Firm Cybersixgill Raises $35 Million

Related: AppSec Firm Cider Security Emerges From Stealth With $38 Million in Funding

 

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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