The London Technology team advised Cado Security Ltd on its $1.5 million Seed financing round led by Ten Eleven Ventures. Cado Security will use the funding to expand its development team in the United Kingdom.
Cado Security offers the world’s first cloud-native forensics and response platform to help organizations respond to security incidents. The Cado Response platform is built on an array of analytics to perform deep forensic analysis of a compromised system. Cado Security was founded in 2020 by CEO James Campbell (previously a Director in PwC’s Cyber practice, and the Assistant Director of Operations at the Australian Signals Directorate, Australian Cyber Security Centre) and CTO Christopher Doman (previously the creator of the ThreatCrowd platform). Cado Security has recently been listed by Forbes as one of the top 20 cybersecurity startups to watch in 2021.For more details on the financing, please read the press release.