StrictlyVC News

RunSafe Security Series B Funding Briefing


Listen Later

RunSafe Security Series B Funding Briefing

Key Takeaway: RunSafe Security, a cybersecurity startup specializing in memory protection, secured $12 million in Series B funding. This round highlights growing investor confidence in RunSafe's approach to securing critical infrastructure and embedded systems.

Company: RunSafe Security

Headquarters: McLean, VA

Founding Date: ~2015 (founded nine years prior to the Series B funding announced in the current year)

Focus:

  • Cybersecurity
  • Memory randomization to prevent software exploitation
  • Target markets: embedded devices, cloud environments, critical infrastructure
  • Funding Round: Series B

    Amount Raised: $12 million

    Lead Investors:

    • Critical Ventures
    • SineWave Venture Partners
    • Other Investors:

      • BMW i Ventures
      • Working Lab Capital
      • Lockheed Martin Ventures
      • Source: SiliconANGLE (article not provided in full)

        Key Quotes:

        • "RunSafe Security, a nine-year-old startup based in McLean, VA, whose software randomizes the memory layout of software to prevent exploitation from attackers, especially in embedded devices, cloud environments, and critical infrastructure, raised a $12 million Series B round [...]"
        • Themes & Significance:

          • Increased focus on cybersecurity for critical infrastructure: The participation of investors like Lockheed Martin Ventures underscores the importance of securing critical infrastructure from cyberattacks.
          • Growing demand for embedded systems security: RunSafe's focus on embedded devices addresses the expanding attack surface presented by the Internet of Things (IoT) and other connected devices.
          • Validation of memory randomization as a security approach: The funding round indicates strong investor confidence in RunSafe's innovative use of memory randomization to thwart attacks.
          • Next Steps:

            • Obtain and analyze the full SiliconANGLE article for additional details on RunSafe's technology, market traction, and plans for the future.
            • Research the investment portfolios and areas of focus for the participating investors to gain further insights into their interest in RunSafe.
            • ...more
              View all episodesView all episodes
              Download on the App Store

              StrictlyVC NewsBy StrictlyVC News