Overview
Tracebit, a cloud-native cybersecurity company, has raised $20 million in a Series A funding round led by FirstMark, with participation from Accel, MMC Ventures, Tapestry VC, and CCL. This funding follows a $5 million seed round in 2024, bringing total funding to $25 million. Tracebit's platform uses deception technology to enhance threat detection across cloud environments, supporting thousands of accounts and monitoring around five billion events weekly. The funding will aid in product rollout and expansion of its customer base.
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Investors: FirstMark, Accel, MMC Ventures, Tapestry VC, CCL
Tracebit, a cloud-native cybersecurity company, has raised $20 million in a Series A funding round led by FirstMark, with participation from Accel, MMC Ventures, Tapestry VC, and CCL. This funding follows a $5 million seed round in 2024, bringing total funding to $25 million. Tracebit's platform uses deception technology to enhance threat detection across cloud environments, supporting thousands of accounts and monitoring around five billion events weekly. The funding will aid in product rollout and expansion of its customer base.