Bethesda-based cybersecurity training startup raises $3M Series A - Technical.ly DC

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Dec. 19, 2017 10:35 am

Bethesda-based cybersecurity training startup raises $3M Series A

The round for Ataata was led by Montana-based Next Frontier Capital.
A still from Ataata’s promo video spotlights the human side of cybersecurity training.

A still from Ataata's promo video spotlights the human side of cybersecurity training.

(via Ataata)

Bethesda, Md.–based cybersecurity training startup Ataata raised $3 million in Series A funding, the company announced on Tuesday morning.

The round was led by Next Frontier Capital, a venture firm based in Bozeman, Montana. Additional investors included TEDCO, 2M, SaaS Ventures and ARRA Capital.

Founded in 2016, the startup makes a platform that raises employee awareness of cybersecurity risks. The idea is to reduce human error that plays a role in cyber breaches along with attackers.

The startup creates web and mobile cybersecurity training content for companies that is designed to be relatable. Additionally, the platform takes behavioral observations and creates a score to measure the effectiveness of the training.

“We are building Ataata on the premise that informed and engaged employees, who understand why their actions matter, will ultimately make better security decisions,” CEO Michael Madon said in a statement.

With the new funding, the startup is looking to speed product development. While maintaining its headquarters in Bethesda, the company is also planning to establish a presence in Bozeman.

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