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Cado Security Gets $1.5 Million Seed

The seed funding round was led by Ten Eleven Ventures.

Cado Security, a cloud-native forensics and response company, has announced the close of a $1.5 million seed round of funding. The round was led by Ten Eleven Ventures, a cybersecurity venture capital firm.

According to the announcement, Cado plans to use the funds to expand its UK-based development team.

Ten Eleven Ventures general partner Mark Hatfield will join the Cado Security board of directors. Cado Security currently offers a number of free tools on its website and has begun early beta customer access to its Cado Response platform.

For more, read here.

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