What is Living Security?
Founded in 2017 and headquartered in Austin, Texas, Living Security addresses the critical need for effective cybersecurity training by emphasizing the human element in cyber defense. The company's platform aims to mitigate cyber risk by fostering a security-aware culture within organizations. Its approach moves beyond traditional compliance-driven training to create engaging, behavior-changing programs designed to equip employees with the knowledge and skills to identify and respond to evolving cyber threats. This focus on human-centric security positions Living Security as a key player in the competitive cybersecurity landscape, particularly for enterprises seeking to bolster their defenses against sophisticated attacks.
How much funding has Living Security raised?
Living Security has raised a total of $20.3M across 3 funding rounds:
Angel/Seed
$1.3M
Series A
$5M
Series B
$14M
Angel/Seed (2018): $1.3M, investors not publicly disclosed
Series A (2020): $5M led by SaaS Venture Partners, Rain Capital, Active Capital, and Silverton Partners
Series B (2021): $14M supported by Updata Partners, SaaS Venture Partners, Silverton Partners, Rain Capital, and Active Capital
Key Investors in Living Security
Active Capital
Active Capital is a venture firm designed to lead seed rounds for B2B SaaS companies outside of Silicon Valley. The firm is founded and run by former B2B SaaS founders with hands-on experience starting, building, and scaling high growth businesses in underdog cities across America.
Silverton Partners
Silverton Partners is a leading early-stage venture capital firm based in Austin, Texas, specializing in investing in companies that leverage technology to create significant barriers to entry. With over 75 portfolio companies, 30+ acquisitions, and 4 IPOs, they are recognized as the most active venture capital firm in Texas.
Updata Partners
Updata Partners operates as a growth equity investment firm specializing in technology-driven enterprises poised for substantial expansion. The firm directs capital toward software, internet, and technology-enabled services companies that have developed defensible intellectual property and demonstrated market traction.
What's next for Living Security?
With the recent infusion of capital and a history of strategic investment, Living Security is poised for accelerated growth and market expansion. The company's 'major strategic investment' suggests a focus on enhancing its product offerings, expanding its go-to-market strategy, and potentially exploring new technological integrations. The sustained backing from venture capital firms specializing in B2B SaaS and enterprise technology indicates a strong belief in Living Security's business model and its potential to capture a larger share of the cybersecurity training market. Future developments are likely to include further innovation in its training methodologies and broader enterprise adoption, solidifying its role in strengthening organizational cyber resilience.
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