Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cyber Insurance

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

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.

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.

CISO Strategy

Cybersecurity-related risk is a top concern, so boards need to know they have the proper oversight in place. Even as first-timers, successful CISOs make...

Nation-State

The North Korean APT tracked as TA444 is either moonlighting from its previous primary purpose, expanding its attack repertoire, or is being impersonated by...

Malware & Threats

Microsoft plans to improve the protection of Office users by blocking XLL add-ins from the internet.

Cloud Security

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.

IoT Security

Lexmark warns of a remote code execution (RCE) vulnerability impacting over 120 printer models, for which PoC code has been published.

Mobile & Wireless

Apple rolled out iOS 16.3 and macOS Ventura 13.2 to cover serious security vulnerabilities.