How Much Did Painless Security Raise?
Funding & Key Investors

Painless Security has secured $78K in recent financing, contributing to a total funding amount of $78K. This substantial expansion capital injection signals a significant growth phase for the company, likely at the Series B/C stage, underscoring investor confidence in its market position and future trajectory. The company's strategic financial maneuvers are geared towards accelerating its development and market penetration.

What is Painless Security?

Painless Security
Business ServicesSoftware TestingSoftware

Painless Security is a seasoned software development and security consulting firm with over 15 years of operational experience. The company primarily caters to the Research & Education and non-profit sectors, offering specialized expertise in Trust & Identity solutions, cloud-based infrastructure, and the implementation of advanced Internet technology standards. Their core offering includes a fully-hosted cloud service that seamlessly connects clients to global R&E Trust and Identity services, enhancing security and technological capabilities. Painless Security's strategic focus is on collaborative partnerships to bolster client security and technology frameworks.

How much funding has Painless Security raised?

Painless Security has raised a total of $78K across 1 funding round:

2021

Debt

$78K

Debt (2021): $78K with participation from PPP

What's next for Painless Security?

With substantial expansion capital at a significant Series B/C stage, Painless Security is poised for accelerated growth. This latest round of investment is expected to fuel further development of their Trust & Identity solutions and cloud infrastructure services. The company will likely focus on broadening its reach within the Research & Education and non-profit sectors, potentially expanding its service offerings and enhancing its cloud-based connectivity to global R&E Trust and Identity networks. Strategic partnerships and technological innovation will be key to leveraging this financing for sustained market leadership.

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Frequently Asked Questions Regarding Painless Security Financial Insights

What are the most recent funding rounds that Painless Security has completed, and what were the funding rounds?
Painless Security has recently completed 1 funding rounds: Debt on Feb 1, 2021.
What is the total amount of funding Painless Security has raised to date?
Painless Security has raised a total of $78K in funding to date.
How many funding rounds has Painless Security completed?
Painless Security has completed 1 funding rounds.
How much funding did Painless Security raise in its most recent funding round?
Painless Security raised $78K in its most recent funding round.
Who are the lead investors in Painless Security's latest funding round?
The lead investor in Painless Security's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Painless Security's history?
The largest funding round in Painless Security's history was $78K.
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