RealDefense this week announced that it has raised $30 million from Sunflower Bank, which brings the total investment in the company to $50 million.
RealDefense this week announced that it has raised $30 million from Sunflower Bank, which brings the total investment in the company to $50 million.
Founded in 2017, the Pasadena, California-based firm provides organizations with privacy, cybersecurity, and optimization solutions for PC, Mac, and mobile devices.
The firm offers software and services tailored for consumers and small businesses and has a global presence in 33 countries, claiming to have more than one million customers.
Additionally, RealDefense offers an M&A playbook for up-selling, cross-selling, and offering cost-effective customer support to increase the value of acquired companies.
RealDefense has recently acquired four software firms – including STOPzilla in October 2021 and iolo technologies – and says it will use the new funding to pursue more acquisitions in the privacy and cybersecurity technology sectors.
“This fresh round of funding will accelerate our M&A program by allowing us to act quickly on new opportunities,” RealDefense CEO Gary Guseinov said.
By Ionut Arghire on Wed, 05 Oct 2022 11:11:16 +0000
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