RunSafe Security Series B Funding Briefing
Key Takeaway: RunSafe Security, a cybersecurity startup specializing in memory protection, secured $12 million in Series B funding. This round highlights growing investor confidence in RunSafe's approach to securing critical infrastructure and embedded systems.
Company: RunSafe Security
Headquarters: McLean, VA
Founding Date: ~2015 (founded nine years prior to the Series B funding announced in the current year)
Focus:
- Cybersecurity
- Memory randomization to prevent software exploitation
- Target markets: embedded devices, cloud environments, critical infrastructure
Funding Round: Series B
Amount Raised: $12 million
Lead Investors:
- Critical Ventures
- SineWave Venture Partners
Other Investors:
- BMW i Ventures
- Working Lab Capital
- Lockheed Martin Ventures
Source: SiliconANGLE (article not provided in full)
Key Quotes:
- "RunSafe Security, a nine-year-old startup based in McLean, VA, whose software randomizes the memory layout of software to prevent exploitation from attackers, especially in embedded devices, cloud environments, and critical infrastructure, raised a $12 million Series B round [...]"
Themes & Significance:
- Increased focus on cybersecurity for critical infrastructure: The participation of investors like Lockheed Martin Ventures underscores the importance of securing critical infrastructure from cyberattacks.
- Growing demand for embedded systems security: RunSafe's focus on embedded devices addresses the expanding attack surface presented by the Internet of Things (IoT) and other connected devices.
- Validation of memory randomization as a security approach: The funding round indicates strong investor confidence in RunSafe's innovative use of memory randomization to thwart attacks.
Next Steps:
- Obtain and analyze the full SiliconANGLE article for additional details on RunSafe's technology, market traction, and plans for the future.
- Research the investment portfolios and areas of focus for the participating investors to gain further insights into their interest in RunSafe.
