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 totalFounded 2020Staff of 18 Millions of ARR, hoping to doubleEarly prospects did not believe their product claimsWould have been more selective with time spent with VC’sWhat’s next; automate onboardingMartin McGregor’s LinkedIn: https://www.linkedin.com/in/mdmc/
Fundraising Story: https://www.thesaasnews.com/news/devicie-raises-14-million-in-series-a