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

Business

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.

(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.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Aperiomics just closed a $1.8M Series A

UrbanStems raises $12M Series B funding round, and gets new CEO

Accenture Federal Services wins $79M contract from Navy Medicine

SPONSORED

DC

Verizon is looking for the brightest ideas on how to use its 5G technology

Philadelphia, PA

Bresslergroup

Senior Interaction Designer

Apply Now
Washington, D.C.

The Washington Post

Digital Analyst – Audience Development & Analytics

Apply Now
Washington, D.C.

The Washington Post

QA Analyst

Apply Now

CIT Gap Funds invests in Charlottesville, Va.-based Babylon Micro-Farms

More than 300 DC-area companies made this year’s Inc. 5000 list

CIT’s Virginia Founders Fund invests in Tysons-based Curbside Kitchen

SPONSORED

DC

Escape the August heat with cool AI tech

Washington, D.C.

The Washington Post

Site / Full Stack Engineer

Apply Now
Washington, D.C.

The Washington Post

Full Stack Developer

Apply Now
Washington, D.C.

The Washington Post

Senior Full Stack Software Engineer

Apply Now

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!