Defendify Raises $1.6 Million to Grow Channel Partners and Boost Product Development
Defendify, an all-in-one SaaS-delivered cyber security platform developer, announced it has raised $1.6 million in pre-seed funding led by private investors with participation from Maine Technology Institute (MTI) and early stage cyber security industry investor 3dot6 Ventures.
Defendify is using proceeds from the round to expand its core product, while increasing partner acquisition given the strong demand from a growing community of cyber security channel partners.
The Defendify platform offers channel partners a cyber security solution that’s simple, affordable, flexible and scalable for their diverse small business customer base. Defendify features multiple layers of ongoing protection to continuously improve security posture in a fast-changing threat landscape. As small businesses grow and threats continue to evolve, Defendify scales easily to provide continuous protection.
“SMBs are under immense pressure to find cyber security solutions that help meet regulatory needs and satisfy requirements coming from their customers,” said Jonathan Dambrot, investment partner at 3dot6 Ventures. “Finding a way to do that holistically and at a reasonable price point has been very challenging, until now. Defendify solves a critical problem in a massive market that is largely ignored.”
“The channel brings expertise, dedication and cost savings to SMBs, but this only works if the cyber security solution is easy enough to manage,” said Rob Simopoulos, co-founder of Defendify. “That’s why we remain committed to the Defendify platform, which is comprehensive enough that our channel partners don’t need to build a technology stack, simple enough that they can onboard their customers in minutes and cost-effective enough that they have a competitive advantage. This round of funding allows us to scale Defendify and we look forward to continuing to partner with the channel and investors to transform cyber security for small businesses.”