FinTechFunding

Cado: Security Raises $1.5M in Seed Funding

  • Cado Security, a London, UK-based provider of a cloud-native cyber forensics and response platform, closed a $1.5m seed funding round
  • The round was led by Ten Eleven Ventures
  • The company intends to use the funds to expand its development team in the United Kingdom
  • The company is currently opening early access to its Cado Response platform to beta customers
  • Cado also offers a number of free tools on its website to assist security teams
  • These include Cado Live, a tool to move entire copies of on-premise systems to cloud storage, and Cado Cloud Collector, a tool to copy AWS EC2 instances for forensic analysis
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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