What is Trace Security?
Founded in 2004 and headquartered in Baton Rouge, Louisiana, Trace Security offers comprehensive cybersecurity and compliance solutions designed to mitigate cyber breach risks for organizations of all sizes. The company's offerings aim to bolster defenses against evolving cyber threats and facilitate demonstrable compliance with regulatory standards. Trace Security's long-standing operation since its inception highlights its sustained relevance and adaptability in the dynamic cybersecurity landscape.
How much funding has Trace Security raised?
Trace Security has raised a total of $12.9M across 4 funding rounds:
Series A
$875K
Series B
$3M
Series C
$8M
Debt
$1M
Series A (2004): $875K, investors not publicly disclosed
Series B (2005): $3M, investors not publicly disclosed
Series C (2007): $8M supported by Maple Leaf Angels
Debt (2020): $1M featuring PPP
Key Investors in Trace Security
Maple Leaf Angels
Maple Leaf Angels is Toronto's largest angel investor network, dedicated to supporting Canadian startups. The organization comprises high net worth individuals who invest in seed and early-stage technology companies, providing not only capital but also strategic guidance and mentorship.
PPP
Public-Private Partnership
What's next for Trace Security?
The recent major strategic investment in Trace Security signals a pivotal moment for the company, likely enabling accelerated expansion of its product development, market reach, and service offerings. This capital infusion is expected to fortify its competitive position, allowing for enhanced innovation in cybersecurity and compliance technologies. Trace Security is poised to leverage this strategic backing to further solidify its role as a key player in safeguarding organizations against digital threats.
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