Defendify, provider of an all-in-one cybersecurity platform for organizations of all sizes, announced it has closed a $3.35 million funding round.
Existing investor Maine Venture Fund (MVF) led the round with participation from current investors 3dot6 Ventures, York IE, Maine Technology Institute (MTI), FreshTracks Capital and Wasabi Ventures, with new investment from Coastal Ventures and Opus Ventures.
Despite the pandemic, Defendify has continued strong growth, adding thousands of customers, reaching over 60 countries, and doubling its team size, according to the announcement. The company said it has made several strategic additions to its team, welcoming former Oracle CIO Mark Sunday as senior advisor, digital transformation and marketing leader Emily Carville as CMO, and SaaS business development expert John Mayfield as director of sales.
“Defendify is building a robust and comprehensive cybersecurity platform that is a fit for small and midsized organizations with limited IT resources,” said Joe Powers, managing director at Maine Venture Fund. “We’re excited to be working with the team, and it’s clear Defendify’s leadership is well positioned to continue their impressive growth, including significant impact here in Maine and beyond.”
The Defendify platform is said to offer growing businesses, usually those with small IT teams and under 1,000 employees, a cybersecurity solution that’s simple, affordable, flexible and scalable and aligns with regulatory, compliance and cyber insurance needs. The platform features a single pane of glass and multiple layers of ongoing protection to continuously improve security posture across people, process and technology, according to the company.
“Defendify’s goal is to streamline cybersecurity and deliver return on investment. No organization in today’s modern business landscape can afford to operate without necessary cybersecurity strategies and protections in place,” said Rob Simopoulos, co-founder of Defendify.
In 2019, PSA, a consortium of professional systems integrators, announced the addition of Defendify to the partners in its Managed Security Service Provider (MSSP) program.
