Startups

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.

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The person charged in the UnitedHealthcare CEO shooting had a ton of tech connections

From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game

Where are the country’s most vibrant tech and startup communities?

The looming TikTok ban doesn’t strike financial fear into the hearts of creators — it’s community they’re worried about

Technically Media