Protexxa Raises CA$4 Million in Seed Funding
- Protexxa, a Toronto, Canada-base cybersecurity startup, raised CA$4M in Seed funding
- The round was led by BKR Capital, with participation from The Firehood Angels, Jeff Fettes, Annette Verschuren, and Leen Li
- The company intends to use the funds to build out the cybersecurity platform with assisted remediation technology, facilitate pilots with global customers, and prepare to scale its operations
- The company is a B2B SaaS cybersecurity startup that connects the dots between personal cyber hygiene and business risk
- Using artificial intelligence (AI), the platform identifies, evaluates, predicts, and resolves common cyber issues
- The company is currently in the process of filing several patents
