Devicie Raises $14M Series A to Secure Your Devices at Scale
Dec 22, 2022•29 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Devicie, a Sydney, Australia-based software startup that helps companies secure their workers’ laptops, announced that it raised $14 million AUD in Series A funding.
The round was led by New York-based private equity and venture capital firm Insight Partners, with participation from leading Australian cybersecurity firm CyberCX.
Devicie previously raised $1.3 million in seed capital from angel investors and the cybersecurity venture accelerator program CyRise.
I interviewed Martin McGregor, CEO and co-founder. Devicie was born out of a cybersecurity consultancy in 2020.
- $15.3M AUD raised in total
- Founded 2020
- Staff of 18 Millions of ARR, hoping to double
- Early prospects did not believe their product claims
- Would have been more selective with time spent with VC’s
- What’s next; automate onboarding
Martin McGregor’s LinkedIn: https://www.linkedin.com/in/mdmc/
Fundraising Story: https://www.thesaasnews.com/news/devicie-raises-14-million-in-series-a
For the best experience, listen in Metacast app for iOS or Android