UncommonX, a Chicago, IL-based SaaS-powered cybersecurity managed detection and response (MDR) provider, raised an additional $9.5 million in funding to complete a $36 million Series A financing round.
Backers included individual investors including current UncommonX Chairman Chris Galvin.
The company intends to use the funds to launch its new Labs division, continue to scale its incident response capabilities, 24/7 security operations center as well as marketing and sales operations.
Company: UncommonX Inc.
Raised: $9.5M
Round: Series A
Funding Month: December 2021
Lead Investors:
Additional Investors: Chris Galvin
Company Website: http://www.uncommonx.com/
Software Category: cybersecurity managed detection and response (MDR)
About the Company: Led by John Morris, CEO, UncommonX offers enterprise-class cybersecurity protection as a managed detection and response (MDR) provider by combining adaptive threat and intelligence software with 24/7 industry experts, making it easy to constantly both map and fix the root causes of security vulnerabilities. Taking a market-first inside-out approach to ongoing digital security risks through unique curated threat feeds and automated analytics, the UncommonX BOSS intelligent security platform provides clear contextual awareness to yield accelerated outcomes to mitigate and guard against threats.
Source: https://www.finsmes.com/2021/12/uncommonx-raises-additional-9-5m-closes-36m-series-a-funding.html