Cybersecurity Company Expel Announces $40 Million in Series C Funding
Expel, the leader in making customers smile when they hear the term “managed security,” announced today that the company secured $40 Million in Series C funding. The funding round was led by Index Ventures with participation from Battery Ventures, Greycroft, NEA, Paladin Capital Group and Scale Venture Partners. Shardul Shah, partner at Index Ventures will join Expel’s board of directors. To date, Expel has secured a combined total of $67.5 Million in funding.
New Security Startup Expel Secures $7.5 Million Series A Financing
Expel, Inc., a new cyber security company founded by prominent industry veterans, announced it closed $7.5 million in Series A funding from experienced security investors. The financing was led by Paladin Capital Group, with participation from New Enterprise Associates, Battery Ventures, Greycroft Partners, Lightbank, and other strategic and individual investors. Expel is founded by senior executives previously at FireEye and Mandiant.