Stealth Security Startup HiveWatch Secures $20M Series A Funding
HiveWatch announced it has closed $20 million in additional growth funding. This investment is led by former Twitter CEO & COO, Dick Costolo and Adam Bain of 01A, with participation from Lachy Groom, Elad Gil, and Penny Jar Capital (a fund anchored by Stephen Curry), joining early insiders Crosscut Ventures, Freestyle Capital, and SaaS Ventures. This is the company’s second financing announcement since their initial seed round in November 2020, which brings HiveWatch’s total amount raised to $25 million.
By enabling security teams to bring together data from their existing disparate physical security systems and providing them with an intelligent, holistic, and actionable view, HiveWatch is moving corporate safety operations from reactive-only responses to designing proactive programs that identify threats before they happen.