Tag: funding

groPORTLAND, ME – All-in-one cybersecurity platform Defendify announced that it has closed a $3.35 million funding round. The round was led by existing investor Maine Venture Fund (MVF) with participation from current investors York IE, Maine Technology Institute (MTI), 3dot6 Ventures, Wasabi Ventures, and FreshTracks Capital. The company has been growing strong despite the pandemic, expanding both its reach and user base as it grows its team.   “Defendify is building a robust...

AUSTIN, Texas—Pivot3's new $14 million credit facility will propel the storage provider's move into bigger deals that involve “thousands and thousands of cameras,” Olivier Thierry, Pivot3 CMO, told Security Systems News.The funds will “drive the channel partnerships” for those bigger deals, Thierry said, which in turn will create “sustained profitability [for the company], which is what we're really after.”Pivot3, which makes converged storage and compute...

CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. In recent years, before CapitalSource was forced to become a bank to ride out the financial...