Living Security Closes A $500,000 Seed Round
Living Security is excited to announce that they closed a $500,000 seed round investment from leading venture capital firms and angel investors.
Living Security is using the financing for product development, go-to-market execution, and team expansion.
The two lead institutional investors of Living Security include Active Capital and Cathexis Ventures. A Pipeline Angels investment was contributed to their funding, as well.
Active Capital is a venture firm with a focus on leading seed rounds for founder led, B2B SaaS companies. Based in San Antonio, Active Capital is led by former Rackspace founders and executives who helped build Rackspace into a multi-billion dollar enterprise.
Based in Houston and Boston, Cathexis is a private investment firm that targets a variety of industries in public and private markets. Cathexis exclusively invests their own capital, targeting early stage investments in the $100-200k range, which allows them to move quickly and maintain a long horizon.
Pipeline Angels creates capital for women and non-binary femme social entrepreneurs with 40 locations in the U.S. After launching in April 2011, over 300 members have graduated from the Angel Investing Bootcamp and have invested more than $5 million in over 50 companies.
During this seed round, several advisors provided Living Security with a high level of support and expertise. Living Security thanks the following advisors for contributing to their success:
Google Analyst Nathan Tacha is a long-time friend of the Living Security team. He is a system-level thinker with over 10 years of experience using teamwork and technology to solve problems. Nathan has a Bachelor of Science from Texas A&M and an MBA from Kellog School of Management at Northwestern University.
Lance Hayden, the Chief Privacy and Security Officer at Elligo Health Research, works with diverse stakeholder groups, including both students, executives, and board members. He has extensive experience in IT strategy and governance, risk management, compliance, and the cultural and behavioral aspects of security and privacy. Lance has a Ph.D in Information Science from The University of Texas at Austin.
Tanya White, VP of Marketing for the Austin-based prescriptive analytics startup, LeanDNA, contributes over 20 years of experiences in marketing and sales in the technology industry to the Living Security team. She is best known for leading technology companies through transition states, including acquisition and mergers, accelerated growth, and divestiture. Tanya completed her undergraduate studies at the University of Western Ontario in Canada and holds a marketing degree from Cornell’s Samuel Curtis Johnson Graduate School of Management.
Providing a global perspective, Aaron Cohen, President of CertNexus, is an entrepreneurial-minded, recognized expert in information technology related to cybersecurity - making him an excellent resource as an advisor to Living Security. As the Co-founder of Blackfin Security and Founder of The Hacker Academy, both now a part of Symantec Corporation through acquisition, Aaron has created innovative training solutions used throughout the Global 2000 and government organizations worldwide.
"The addition of these strategic investments and advisors has accelerated our growth in preparation for the launch of our Cyber Escape Security Awareness training platform,” said Ashley Rose, CEO of Living Security. “We are grateful for their faith, support, expertise, and connections that are critical to our mission of helping organizations combat cyber threats through immersive and impactful Security Awareness training experiences."
About Living Security:
Because of the increasing demand for cyber security, Living Security entered the market to provide engaging security awareness training. They have successfully done this through their original product, the Living Security Escape Room, reaching thousands of people all over the U.S.
Living Security’s focal point is decreasing human error - the greatest cyber security risk enterprises face - through immersive and intelligence-driven training solutions. Their science-based approach drives user engagement and reinforces positive security behaviors, integrates threat intelligence to train on the most relevant user-facing threats and delivers metrics that enable companies to measure the effectiveness of the program.