Kolide, a Boston, US-based user-focused endpoint security platform for teams that slacks, raised $17 million in Series B investment funding bringing the total funding to date to $27M.
The round was led by Boston-based OpenView Partners, a VC that exclusively invests in product-led SaaS B2B companies. OpenView joined other participating investors such as Matrix Partners, who previously led the Series A.
This funding round will go towards fueling the growth, expansion of Kolide's go-to-market strategy, hiring additional engineers and production staff to expand the product's capabilities.
Company: Kolide Inc
Raised: $17.0M
Round: Series B
Funding Month: September 2021
Lead Investors: OpenView Partners
Additional Investors: Matrix Partners
Company Website: https://kolide.com/
Software Category: Security platform
About the Company: Kolide's flagship SaaS product was built from the ground up to enable organizations to achieve their security and compliance goals by practicing the tenants of Honest Security. Instead of locking down devices, Kolide enables teams to communicate their organization's security recommendations on Slack, so they are most impactful to an end-user. Over 250 customers proudly use Kolide today to secure devices via Slack provides millions of customized security and compliance recommendations for their Linux, Mac, and Windows devices.
Source: https://www.prnewswire.com/news-releases/kolide-raises-17m-series-b-to-enable-it-teams-to-secure-devices-with-the-help-of-employees-301378647.html